There has been a recent renewal of interest in collaboration among supply-chain partners, according to Ann Grackin, chief executive officer of ChainLink Research. Reasons include a greater reliance on outsourcing and the general trend of globalization of trade. Yet another element is the desire to draw on sophisticated technology, including video, teleconferencing and social networks, to link all players throughout the chain. With such factors in mind, says Grackin, "you need working relationships with trading partners to be successful."
APQC, which specializes in benchmarking and best practices research, has released a report that identifies 14 key category management best practices grouped in four areas that are necessary for the procurement organization to become a true partner and sustainable value driver for business.
Zonar Systems has added fuel as an additional dimension to its suite of tools for electronic fleet inspection, tracking and operations management. Up to now, Zonar's vehicle telematics platforms have utilized four dimensions - latitude, longitude, time and odometer - of global positioning system (GPS) reporting.
The "cloud" can be a difficult concept to grasp, given the various definitions it has been assigned by software vendors and users. Greg Johnsen, executive vice president of marketing and sales with GT Nexus, calls it "an information replica of the physical supply chain." Cloud-based technology provides one place where managers can go to monitor critical supply-chain events. When an element is updated, "everybody gets the information."
Analysts' Insights: As companies plan and strategize for long-term effectiveness in supply management, they must focus on one aspect to truly derive value out of their procurement and sourcing efforts: evolution. Organizations globally must look to the future and adapt their reliance on technology as solutions evolve for the better. Christopher J. Dwyer, senior research analyst, Aberdeen
As organizations continue to adjust their technology footprint into the next decade, the question around SaaS is not if but how SaaS will be leveraged within the procurement enterprise. Constantine G. Limberakis, senior research analyst, Aberdeen
Hubspan Inc., a vendor of business-integration software based in the cloud, has released six new business-to-business applications, built using the NetSuite SuiteCloud Computing Platform.
Encompass Global Logistics LLC, a third-party logistics provider specializing in the trans-Pacific trade, has launched a mobile application for cargo management, compatible with all Apple iPhone, iPad and iPod products.
With ever-changing business challenges such as transportation costs, volatile demand and an evolving customer base, supply management organizations are exploring new and unique ways to use collaboration in their supply chains. One such effort is turning traditional vertical collaboration strategies on their side and may change the way organizations view their supply chain - and their competitors.
Inttra, provider of an independent platform for booking and managing ocean freight, has created what it says is the industry's first standardized electronic bill of lading.