Articles on Materials Management

 

SUPPLY CHAIN Technology: What's Next?
 

Are Major Technology Breakthroughs Looming?

 

 

In the late '90's, the field of supply chain technology exploded with new innovations such as e-Procurement, reverse auctions, and more. The bursting of the dot-com bubble slowed the pace of innovation but, in 2006, we are seeing the return of innovative technology in the supply chain field as well as the Internet in general.

Today's Purchase Tips explores three emerging supply chain technology innovations: software delivery, community intelligence, and buyer-supplier collaboration.

Software Delivery: You can't shop the supply chain technology market without noticing the buzzword "On Demand." "On Demand is the delivery of software functionality over the Internet from a single application instance that's shared across all clients," explains Tim

Minahan, Senior Vice President of  Procuri, a supply chain solutions provider. "On Demand solutions require only a Web browser for access," eliminating hardware and software installation and maintenance, reducing costs, and speeding  implementation.

 

Community Intelligence: Today's supply chain technology providers are "oriented to create a virtual community that's constantly transacting and collaborating and exchanging information," says Minahan.

Community Intelligence includes inter-company information about supplier capabilities and performance, benchmarking data, and best practices that are accessible to the "Community" of users of a supply chain system.

Some speculate that supply chain systems will someday feature Community-wide access to peer-input supplier ratings, not unlike a corporate purchasing version of eBay's seller feedback functionality.

 

 

Buyer-Supplier Collaboration: A casualty  of the dot-com bust was the buzzword "C-Commerce" for Collaborative Commerce - a vision of the future that buyers and suppliers would collaborate seamlessly online.
With collaborative tools like wikis now populating other portions of today's cyberspace, the buyer-supplier collaboration envisioned earlier is likely ready for prime time. Minahan cites three particular examples of technology-facilitated collaboration:
1. Both buyers and sellers will be able to expose and share their excess inventory across the Community.
2. Community members will engage in collaborative supply chain planning and logistics route sharing.
3. Buyers will grant suppliers access to buy from their contracts where pricing or availability is more favorable, thereby reducing total supply chain costs.

 

 

 

Read below more Articles on Supply Chain Topics......

 

Supply Chain Technology: What's Next?
Supply Chain Management BEST practices : Outsourcing

Supply Chain Management : Multi Stage Dynamics

The Basics of RFID Technology

Common problems with Cost Savings Reports

Dynamic Business environment
Supply Chain Strategies

Benefits of preparedness in Negotiation

Seven Principles of Supply Chain Management
10 necessary Strategies for Supply Chain Management
Inclusive growth by realigning Supply Chain

Your FREE Magazine subscription below. Click and get now

 


 
 
 
 

 

 
 

Check the following links too:

 

    

| Sitemap | Copyright | Disclaimer | Privacy Policy | About us | Link with us | Contact us | Advertise |
 

       


|
Click here to Bookmark this site | Contact here for Business collaborations |
 

No part of this web site may be reproduced or transmitted in any form by any means graphic, electronic, or mechanical without permission in writing from the publisher