When multi-industry procurement and accounts payable finance teams assess their overall purchase-to-pay (P2P) processes, they can often find areas of bottlenecks and friction. In many cases, the culprit is paper-based or manual-driven exception processes. Such friction leads to added inefficiencies, strained relationships and added costs from multiple areas. They often stem from classic organizational, process and technology enablement barriers.
B2B Supply Chain Business Network
Supply Chain Matters continues with reviewing and self-scoring each of the 2017 Predictions for Industry and Global Supply Chains published at the beginning of this year. This Part Three posting provides an assessment of our prediction for continued global transportation industry turbulence and the prediction for a renewed renaissance in business services and technology investment.
Supply chain management B2B network provider E2open announced yet another acquisition, signing a definitive agreement to acquire Zyme, a provider of Channel Data Management (CDM) software. Supply Chain Matters believes that the addition of Zyme can achieve two objectives- satisfy decision needs for sales and marketing team participants while providing operational team members with a more-detailed information context as to direct and indirect channel fulfillment information related to individual products.
A new reminder of malware threats comes from a recent, albeit disturbing, ABC News-Associated Press report indicating attacks have been specifically targeting industry supply chains that predominately are managed by just-in-time (JIT) inventory and production processes.
There has been a marked uptick in merger and acquisition activity involving technology surrounding supply chain management. Three different announcements, involving OpenText, Descartes Systems and JAGGAER each demonstrate various strategies for augmenting technology, business services and vertical industry depth.