- Written by Nipendo
- Category: Supply
2015 was big for supply chains, electronic commerce, and all the technologies ec-bp.com readers follow. Around this time last year, I wrote that we’d see lots of interest in cloud technology, omnichannel consumers, driverless vehicles, robotics, drones, 3D printing and, most importantly, Big Data and IoT. In retrospect, that was like shooting the proverbial fish in a barrel. We indeed witnessed high levels of activity for all those topics, but allow me to make a few quick observations......
Confusion reigns over whether hosted or software as a service (SaaS) is the better choice for that next software overhaul. It doesn't help that so many hosted vendors are touting their wares as SaaS or Cloud. Of course, there's a reason for the blurring of label lines – SaaS is on an upswing in most markets. Put another way: everyone has their heads in the Cloud these days.
Point of sale (POS) data has long been the domain of the retailer that collects it. It hasn’t always available – in detail, anyway – to manufacturers and suppliers that could use the data for such things as demand planning, improving supply chains to avoid stock outs and to better understand and act on buying habits so they can more accurately allocate advertising dollars. Of course, all those benefits would in turn benefit the retailers, which could improve planning and forecasting, reduce (or eliminate) stock outs, and even have leverage to enact and enforce service level agreements with suppliers.