Freight Management, Inc.
Order/Demand Capture, Fulfillment/Logistics, PLM, Decision Support
Get greener by getting better visibility into your transportation spend. In the rush to please customers and satiate their ever rising expectation of quick delivery, many shippers have opened either multiple warehouses or forward storage facilities to meet that demand. There was no real problem with this concept until shippers had far too many SKUs to effectively project exactly which facilities should have what quantities of which product. As a result, many companies now suffer from excessive out of region freight, moving too much product from warehouse centers outside of their original designated markets, only to ship it to a different region (or back to the original market). Freight Management says its software can help shippers identify this problem, measure the impact and plan corrective action to minimize these costs.
Sourcing, Procurement, Fulfillment/Logistics, Integration & Infrastructure/ERP, Decision Support
FusionOps Inc. said that with regard to supplier collaboration and direct materials procurement, its customers are facing complex, transaction-intensive processes, non-standard requirements and continuous change. In spite of investments in ERP and supplier portals, FusionOps noted that most manufacturers have reconciled to facing the problem by carrying higher levels of material inventory or paying additional costs. And the real cost of waste and inventory is that it makes it more difficult to determine the true performance and issues of the process.
The provider believes the next wave of supply chain innovation is the creative deployment of technologies that extend current ERP investments, which are deployed quickly, cost less to implement and upgrade, and deliver more comprehensive benefits than all other solutions offered so far. To that end, FusionOps has developed and deployed successfully the only configurable software-as-a-solution product for spend management, enabling manufacturers to customize a solution to their unique needs and derive the benefits of intelligent supply chain automation within weeks.
The challenge in adopting the next wave of innovation, according to FusionOps, is getting buyers/planners to let go of clerical tasks that the system can now perform so they can focus on more strategic activities, and taking business processes to the next level of performance based on real metrics and flexible controls.
GENCO Supply Chain Solutions
Three of the major challenges GENCO Supply Chain Solutions' customers are facing are energy costs, labor shortages and the need to continuously reduce operating costs. The company said it is helping customers drive supply chain innovation by having dedicated teams focused on implementing new processes and technologies, such as its Strategic Processes and Technologies group. Powered by Lean and Six Sigma, the team develops new processes and brings to the industry implementable new technologies that drive lower operating costs.
GENCO Supply Chain Solutions typically reinvests 20 percent of its pre-tax profits into promising approaches to improve productivity in emerging technologies. In 2005 the company embarked on an initiative termed "Productivity 2010." Simply stated, the goal is to double productivity, facility by facility, through process improvement and technology application by 2010.