Session Objective: Product identification and visibility in the supply chain
Segment Objective: Visibility for application and human assessment and decision making
Across industries, companies that buy, make, store, distribute, or move products are seeing their supply chains become increasingly complex, dynamic, and difficult to manage. The number of distribution channels and customers is expanding, partners are geographically dispersed and must be managed by tier level, and dependence on contract manufacturing and third-party logistics is increasing. In this environment, even small disruptions in the flow of products across the supply chain and out to customers can generate a wave of anxious phone calls, faxes, and emails merely to determine the status of an order, a shipment, or inventory availability.To achieve transparency, a system must provide the architecture that allows an enterprise to deliver visibility to key information to internal and external parties. This key information covers orders, shipments, inventory, and plans within your supply chain. In order to provide a complete view across that critical supply chain information, the system should also be able to blend information from multiple transaction and planning systems. And the system must provide visibility instantaneously as new information about an order, shipment, inventory item, or plan becomes available. Further, the system should allow for self-service access by your trading partners so that they can find the information they need when they need it. - Manugistics
One key to commerce is thriving in the complexity of the supply chain.
General Readings on Supply Chain Visibility
Accenture on Supply Chain Visibility
SKIM the following whitepaper:
Potential Energy and the Retail Supply Chain
SKIM the following whitepaper:
Digital Lessons for the Consumer Goods Supply Chain
REVIEW the timeline:
highlights of UPS's innovation over the course of almost a century
Synchronized Commerce
But today, customers come in all sizes and with vastly varying needs. UPS recognizes that efficiency is equally as valuable to the at-home-entrepreneur as it is to the multi-national corporation.
To meet these growing demands, UPS now offers a broad portfolio of innovative services its customers can access from a single source to achieve many goals. These solutions can be as complicated as creating global cross-border visibility and clearance of international goods movements, or as simple as providing a signed proof of delivery - and thus, necessary proof for a receivables payment.
In the early 17th century, the Greeks coined the word, "synchronize." At its root, it means "to operate in unison," and for the past 96 years, the UPS brand has become synonymous with this same precise, efficient execution for moving goods around the world. UPS's commitment to provide reliable package delivery does not waver.
But today, customers come in all sizes and with vastly varying needs. UPS recognizes that efficiency is equally as valuable to the at-home-entrepreneur as it is to the multi-national corporation.
To meet these growing demands, UPS now offers a broad portfolio of innovative services its customers can access from a single source to achieve many goals. These solutions can be as complicated as creating global cross-border visibility and clearance of international goods movements, or as simple as providing a signed proof of delivery - and thus, necessary proof for a receivables payment.
Goods, Information and Funds
Optional READ speeches:
speeches by UPS Executives on synchronization
Optional READ Synchronizing the World of Commerce:
profile of UPS capabilities
Optional READ how UPS synchronizes commerce for its customers:
case studies
Read - Chapter 11 - IT Governance - (pages 292 - 326)
At either end of the spectrum, UPS is helping to "Synchronize the World of Commerce" through the movement of the three primary elements: Goods, Information and Funds. Although assembling capabilities across these core areas is quite complicated, the basic concept of synchronized commerce is simple:
Segment 4
in the Managing the Information Technology Resource book
Copyright Notice - This material was authored by
Benn Konsynski to support the course. All
rights are reserved. © Benn Konsynski, 2004