As readers approach the celebration of 2018 as a new year, Supply Chain Matters shares thoughts related new thinking and concepts related to Digitally-Enabled Customer Response Networks.
Supply Chain Business Process
On an annual basis, the Ferrari Consulting and Research Group provides a series of supply chain management predictions for the coming year. The Supply Chain Matters blog unveils the first five 2018 Predictions for Industry and Global Supply Chains.
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.
Supply Chain Matters advises industry supply chain management teams on four specific actions to consider regarding more responsive cybersecurity defense, response and mitigation plans.
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.