Ec-bp.com has been acquired by PMG360 who will continue to publish supply chain focused content and relaunch the site and newsletter as Supply Chain Technology News. Scott Koegler will continue to guide the editorial direction as the site’s executive editor.
Supply Chain Technology News has been published as ec-bp since 2003 as the advocate for lowering the barriers to the adoption of EDI. The editorial focus has expanded beyond EDI to encompass the full gamut of supply chain practices and technologies and to provide supply chain professionals information about forces guiding the industry with editorials, technology news and trends.
Let’s have some fun with math. What EDI translator does your company use? For that matter, what ERP, 3PL, or other service is on your short list? Next, how many trading partners do you have? And finally, what EDI, ERP, and other electronic systems do they use? It doesn’t really matter whether you have the answers to these questions. What you would get even if you use the smallest estimates available is a very large number of permutations. How is it possible then to maintain compatibility and also keep up with the accelerated pace of today’s supply chain?
It's hard to believe that the Holiday season is near - or that for those participating in retail, the season is already well underway. Is it too late to think about making this season better? If you haven't already made the infrastructure and system changes you've been contemplating this year then the answer is likely to be Yes! But there may still be a few things you can do at this late date.
We're constantly seeing new uses for big data. So much so that it's not even necessary to describe what the term means. Is the use of huge amounts of amorphous data making us better at our work, or is it adding layers of abstraction over the realities of the world?
We’ve talked about supply chain control towers over the years but it’s time to migrate from something that’s simply observing and controlling to the notion of a full environment that provides a set of underlying facilities. In other words, an operating system.
Business owners have been using analytics to analyze their business data for many years. The real question is, what do we do with that data? Up until recently, there really hasn't been much guidance when it comes to interpreting and utilizing that data to meet your business needs. However, in today's highly competitive supply chain it is more important than ever to know how to utilize those analytics to solve problems in your supply chain. Think about it: If you can't use that analytical data to solve real world problems for your business, what is the point of the analytics in the first place?
It’s customary to think of supply chain professionals as department managers or technologists or even as programmers. But the role of today’s supply chain professional is changing to be a much more complex and responsible position. And it’s because the supply chain is becoming the heart of the business world. No longer is it possible for a company to simply have a great product. And letting the world know about it and be enthusiastic to know more and even motivated to buy just isn’t enough. Products now need to be available through multiple channels and deliverable based on customer preference. The complexity of today’s supply chain means the people responsible for it need to be more.
I've harped on the use of big data in the supply chain a few times already. In fact, historically one of the issues with the supply chain in general and EDI specifically is the amount of data generated by the plethora of transactions moving between trading partners. And as the demands for visibility increase so does the number and complexity of the documents.
The end of the supply chain (retail) is probably the only place that makes any sense for any kind of social media activity. At least that's the common belief. What would a supplier, manufacturer, 3PL, or any other part of the supply chain hope to gain from a Facebook page, a Twitter stream, or even a Google+ account?
Your supply chain is controlled by data. As that data flows between your company an your trading partners it tells a story. For most companies that story is the current state of events. It reflects the orders, shipments, product inventories, and even work in process. Once the current status has passed the data can largely be considered to have served its purpose. But there’s a lot more to be gained from looking at that data as well as the facts about the data (its metadata) that may help expand the reach and effectiveness of your supply chain activities.