Category Archives: Supply Chain Management

Infor buys GT Nexus to strengthen manufacturing ERP cloud

Infor has acquired GT Nexus to boost its supply chain management capabilities

Infor has acquired GT Nexus to boost its supply chain management capabilities

Infor said this week it plans to acquire supply chain management cloud software vendor for $675m, a move the company expects will strengthen and broaden the capabilities of its ERP software.

GT Nexus’ cloud-based supply chain management software is particularly popular with manufacturer and retailers. The company claims to have over 25,000 customers including the likes of Adidas Group, Caterpillar, Columbia Sportswear, Levi Strauss & Co., Maersk, Pfizer, and UPS.

Infor said the acquisition would strengthen its portfolio as the retail industry continues to shift towards contract-based manufacturing, where much of the activity and commercial production takes place outside the brand owner’s operations (and ERP platform).

The company said GT Nexus and Infor CloudSuite have very similar architectures, making them relateively straightforward to integrate.

“Together, Infor and GT Nexus will provide customers with unprecedented visibility into their supply chains to manage production and monitor goods in transit and at rest,” said Charles Phillips, chief executive of Infor. “In a complex, high velocity supply chain, all partners need to know what was ordered, when it was built, where it is in transit, if the order has changed, and has it cleared customs. Specialization and speed are moving the future of manufacturing into the commerce cloud.”

Sean Feeney, chief executive of GT Nexus said: “Infor is a great home for GT Nexus, and we’re excited to join forces with a company with a strong manufacturing, retail, and supply chain pedigree.”

Achieving Business Transformation by Aligning i-SCM with a Robust IT Strategy

Can adapting to the new best practices actually help you gain the business benefits that you are looking for? With the implementation of tools such as the Intelligent Supply Chain Management (iSCM), there are possibilities of ensuring the realization of business goals that reduce the risk of time and costs, overrunning. So, when it comes to the iSCM approach, there are several ways in which companies can succeed with its implementation:

i-SCM

How does iSCM impact overall business benefits?

As a business owner, there may be several instances when meeting customer demands, overcoming uncertainties and reducing costs for manufacturing is virtually impossible. The inclusion of better practices such as the iSCM would help improve the overall situation such as improving real-time visibility of supply chain extensions and the manufacturing operations. Regardless, of the time and effort taken to implement these management system, one can see that it is possible to implement seamless synchrony between the demand and its actual fulfillment. All this will be immediately implementable with the help of real-time analytics and rapid decision-making.

Facilitating your own iSCM solutions can only be done with the help of external advisors such as technological consultants like HCL Tech amongst others offer the following solutions:

  • Offering an opportunity assessment within the iSCM solutions offerings

  • Touchstone, an HCL Tech trademark offers KPI measurement and better benchmarking solution

  • iVision, an HCL Tech trademark offers solutions towards supply chain visibility and collaboration

How can functionalities improve the solution?

Here’s a look at the way in which functionalities can improve the following:

  • Capturing customer demand with the ability to accurately forecast demands

  • Incorporating operations such as collaborative supply chain planning and execution

  • Ensuring supply chain operations are monitored in real-time and highlighting bottlenecks with the supply chain impact

  • Creating visibility on end-to-end supply chain data and its processes

  • Collaborating with the various stakeholders through various communication platforms such as e-mail, text, portal alerts and other forms

  • Improving visibility of partners involved across multi-tiers of supply chain and cloud platforms

What remains to be seen, is whether the implementation of the iSCM systems will improve the overall business performance in the form of successfully integrating with business goals with the expected outcome of the performance.

To know more about the article you can read the case study written by experts at HCL Technologies.

IBS Expands ERP Cloud Computing Solutions

ERP and supply chain provider International Business Systems today announced the expansion of its traditional on-premise applications into the cloud, making it the industry’s most secure offering available with service level agreements with guaranteed performance. IBS Cloud applications are scalable and designed specifically for the changing needs of distributors and manufacturers.

IBS Cloud applications combine the expertise of 3,000 implementations across 40 countries to enable faster deployment of critical IBS applications like IBS Business Intelligence, Mobility, Sales, Service, Warehouse and Supply Chain Management.

“IBS has a history and proven track record of delivering cloud solutions, said Tapio Voutilainen, Director, Business Processes and Tools, Evac Oy. “This evolution of the IBS cloud solutions provide distributors and manufacturers with a secure choice and a variety of options to meet their business requirements to give clients the peace of mind they need.”


GXS Ups Retail Supply Chain Efficiency with Catalogue-Based Web Ordering

GXS, a  provider of B2B integration services, today announced that GXS Intelligent Web Forms (IWF) allows manufacturers to quickly and easily enable their smaller retail customers to issue purchase orders electronically. IWF creates forms to digitise the full lifecycle of supply chain transactions with the customer community from purchase orders and order changes to electronic invoices and remittance advices. By integrating directly with GXS Catalogue, the retail industry’s leading data synchronisation application that supports product, price and image information, web forms ensure that retail buyers can only select valid, preauthorised SKUs for inclusion on purchase orders.

Most large retail chains issue purchase orders to their suppliers electronically using EDI (Electronic Document Interchange) but smaller, independent store owners often lack the budget, resources and expertise to support these B2B integration technologies.  As a result, a high percentage of the purchase orders issued from smaller retailers are transmitted via fax, email or spreadsheet, creating an efficiency drag on the operations of large suppliers.  Using GXS web forms, suppliers of food and beverage, apparel and footwear and other consumer products can offer their customers the option to issue purchase orders online. As a SaaS offering, GXS IWF does not require small retailers to license, install or maintain software. The web-based forms mimic the paper equivalents making the application easy to use without training or technical expertise.

By integrating with GXS Catalogue, the web forms can present users with a preloaded list of available and authorised items for each customer.  Catalogue integration ensures that users do not mistakenly request SKUs that are unauthorised, discontinued or non-existent.  Retail SKUs consist of long alphanumeric strings which can easily be transposed or mistyped in an electronic ordering system.  Some SKUs have special characters such as hyphens or spaces which further complicate the order entry process. Catalogue-based web forms reduce the amount of exception processing and order handling expenses for suppliers.  Higher quality purchase order data also reduces the likelihood of shipping delays and out-of-stocks for the retailers.

“Leading suppliers of consumer products and general merchandise have automated many of the order-to-cash and demand planning processes with their larger retail customers. These large suppliers have struggled to gain the same efficiencies with smaller retail chains and independent stores,” said Melanie Nuce, director of retail industry marketing for GXS.  “Catalogue-based web ordering offers a cost-effective approach to quickly achieving supply chain efficiencies with small retailers and opens up the opportunity for better customer service.”