Arena Solutions, a vendor of cloud-based product lifecycle-management (PLM) software for managing bills of materials (BOMs), has forged a partnership with Octopart, a search engine for electronic parts.
As a tier one automotive supplier, Active Tools International knows the importance of avoiding and mitigating supply chain disruptions. Bill Keller, president of global operations, says the company has developed written risk mitigation plans that emphasize the use of dual sourcing of parts.
One of the often overlooked and undervalued components of supplier selection is trying to determine the supplier's long-term potential. Simply stated, it is not very difficult to identify the lowest price option during an RFP process. The key for long-term success is based on analyzing each supplier's potential for the long haul, encompassing areas such as strategic alignment, cultural fit, common delivery centers, industry outlook and social responsibility efforts. The best overall strategic value is not necessarily the lowest cost.
RedPrairie Corp. has released version 2012.1 of its suite of supply-chain software applications. The update links execution capabilities to the store and commerce sites, giving retailers, manufacturers and distributors greater visibility of product and data.
Without a doubt, the economic downturn was difficult on everyone. Significant cutbacks in production left thousands of smaller suppliers struggling to remain in business. In the midst of this bleak scenario, some large manufacturing organizations have opted to share financial expertise, efficiency and lean manufacturing knowledge - and, in some cases, actual capital - with their smaller, highly valued suppliers to pull them from the brink.
Cadec Global, a vendor of fleet-management technology, has developed a new version of its PowerVue application. PowerVue Enterprise, delivered under a software-as-a-service (SaaS) model, extends companies' visibility into fleet-wide assets, Cadec said.
In the last year the headlines have been full of news about global supply chains and the disasters affecting them. From the Thai floods to the Japanese tsunami, to the tornadoes in Wichita and the Nylon-12 plant explosion in Germany, several fundamental truths about global supply chains have been made more apparent.