|
by Diane Himes, MA Editorial Staff   | Abstract: | An industry update on the supply chain execution (SCE) software space with links to Managing Automation's online product directory. |
As in other areas of their business, many manufacturers are finding that applying technology to automate their supply chain processes can help improve their cash-to-cash cycle management, keep customers and partners happy, and increase opportunities to improve overall profitability in transportation and logistics, the last link in the supply chain. One prominent trend in the supply chain space is the continuing growth of demand for inventory optimization and sales and operations planning (S&OP) technology, according to market research firm AMR Research. Manufacturers and suppliers are recognizing the value created by inventory optimization tools, such as better performance at the store-shelf level, reducing inventory while maintaining high customer service levels, improving working capital, and reducing risk, AMR has found. Universal factors, such as managing costs and pressure to increase competitiveness in a global marketplace, are driving demand for supply chain execution (SCE) applications. Especially in light of today's volatile fuel costs, transportation in particular has moved to the front of executives' minds in terms of cost reduction. Logistics, warehouse, and transportation management software provider Accellos Inc. has noted an uptick in interest from its manufacturing customers for transportation management and optimization tools. In the face of rising fuel costs and a scarcity of drivers, among other factors, manufacturers are looking to these tools to help facilitate a better return on their freight dollars, says Ross Elliott, executive vice president and chief technology officer at Accellos. [Click to continue] |