![\"Session](\"http:\/\/rai.net.in\/blog\/wp-content\/uploads\/2013\/07\/Session-4-A-Collaboration-Platform-for-Supply-Chain-Visibility-and-Smart-Growth.jpg\")
<\/a>\u201cAt the end of the day \u2013 there are 2 fundamental questions a supply chain solution has to answer \u2013 Where\u2019s my money? Where\u2019s my goods?\u201d<\/b> \u2013 at ReTechCon 2013, Tony Low used this provocative statement to reduce supply chain down to basics and get the audience engaged.<\/p>\nWhile presenting GT Nexus\u2019s work in the area of supply chain \u2013 he used the following testimonial:\u00a0 \u201cCustomers say\u201d When I want to talk to myself \u2013 I look at my ERP. When I want to converse with my suppliers I look at the GT Nexus Platform\u201d<\/p>\n
With retailers across the world, moving towards multi-channel, supply chain technology has to answer the question \u201cHow is your supply chain going to support all your customer facing technology efforts?\u201d<\/p>\n
\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 GT Nexus has modeled its solutions on the cloud supply chain.<\/span><\/span><\/em><\/span><\/h3>\n <\/p>\n<\/div>\n
A Cloud Supply Chain is the informational replica of the \u201creal\u201d supply chain \u201con the ground\u201d in that it reflects each of the actual objects and actors in the physical supply chain just once, in the Cloud, so that any time an object changes status, the change is made once, in one place, and everyone who needs to know gets the news immediately.\u00a0 It\u2019s this model that enables massively scalable information sharing across a global network of partners.<\/p>\n
\nAs Tony explained \u201cThat\u2019s not a small idea, that\u2019s a big idea. It\u2019s a breakthrough. Cloud Supply Chain gets a company and its network on the same page, literally\u201d<\/em><\/h3>\n <\/p>\n<\/div>\n
The objective of the supply chain solution should be to help retailers squeeze cost out of their supply chain, streamline their trade operations and inject financing where appropriate while\u00a0 providing complete visibility & transparency for themselves and their entire trading community.<\/p>\n
The presentation laid out 8 ways in which supply chain can support business strategy: (a useful checklist for any CIO looking for a supply chain solution!)<\/p>\n
<\/p>\n
\n\n\nEnhance Omni Channel Visibility <\/b><\/td>\n Improve customer service through seamless order visibility <\/b>from factory\/DC to customer across all modes in today\u2019s cross-channel environment.<\/td>\n<\/tr>\n\nAccelerate Global Growth <\/b><\/td>\n Manage the flow<\/b> of globally sourced and distributed goods as retailers and brands address\u00a0 saturated domestic markets and utilize international and category expansion as their primary engine for growth<\/td>\n<\/tr>\n\nImprove Speed to Market <\/b><\/td>\n Reduce supply risk<\/b> by establishing advanced visibility into supplier ordering, WIP, and shipping, including raw materials forecast and open orders.<\/td>\n<\/tr>\n\nDeliver Supply Chain Agility <\/b><\/td>\n Dynamically reallocate supply against volatile POS demand<\/b> to profitably satisfy top-priority customers while reducing inventory and increasing fill rates.<\/td>\n<\/tr>\n\nEnable Direct Shipment <\/b><\/td>\n Reduce costs and lead times<\/b> and supply chain complexity by packing at the source . Enable cross docking and DC bypass for more direct inventory flow to the point of consumer demand<\/td>\n<\/tr>\n\nTransform Financial Supply Chain <\/b><\/td>\n Reduce cost and improve supplier trust<\/b> by automating invoicing, approval, payment, charge-back processing, and early payment discounting.<\/td>\n<\/tr>\n\nReduce Freight Spend <\/b><\/td>\n Optimize the integrated lifecycle of freight procurement and ensure global compliance<\/b> against carrier allocations and freight budgets<\/td>\n<\/tr>\n\nIncrease Direct Sourcing <\/b><\/td>\n Increase sourcing flexibility by leveraging vast connected vendor communities and expand global fulfillment capability<\/b>\u00a0 to 3rd<\/sup> party customers<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n <\/p>\n
As Tony explained \u201cThat\u2019s not a small idea, that\u2019s a big idea. It\u2019s a breakthrough. Cloud Supply Chain gets a company and its network on the same page, literally\u201d<\/em><\/h3>\n <\/p>\n<\/div>\n
The objective of the supply chain solution should be to help retailers squeeze cost out of their supply chain, streamline their trade operations and inject financing where appropriate while\u00a0 providing complete visibility & transparency for themselves and their entire trading community.<\/p>\n
The presentation laid out 8 ways in which supply chain can support business strategy: (a useful checklist for any CIO looking for a supply chain solution!)<\/p>\n
<\/p>\n
\n\n\nEnhance Omni Channel Visibility <\/b><\/td>\n Improve customer service through seamless order visibility <\/b>from factory\/DC to customer across all modes in today\u2019s cross-channel environment.<\/td>\n<\/tr>\n\nAccelerate Global Growth <\/b><\/td>\n Manage the flow<\/b> of globally sourced and distributed goods as retailers and brands address\u00a0 saturated domestic markets and utilize international and category expansion as their primary engine for growth<\/td>\n<\/tr>\n\nImprove Speed to Market <\/b><\/td>\n Reduce supply risk<\/b> by establishing advanced visibility into supplier ordering, WIP, and shipping, including raw materials forecast and open orders.<\/td>\n<\/tr>\n\nDeliver Supply Chain Agility <\/b><\/td>\n Dynamically reallocate supply against volatile POS demand<\/b> to profitably satisfy top-priority customers while reducing inventory and increasing fill rates.<\/td>\n<\/tr>\n\nEnable Direct Shipment <\/b><\/td>\n Reduce costs and lead times<\/b> and supply chain complexity by packing at the source . Enable cross docking and DC bypass for more direct inventory flow to the point of consumer demand<\/td>\n<\/tr>\n\nTransform Financial Supply Chain <\/b><\/td>\n Reduce cost and improve supplier trust<\/b> by automating invoicing, approval, payment, charge-back processing, and early payment discounting.<\/td>\n<\/tr>\n\nReduce Freight Spend <\/b><\/td>\n Optimize the integrated lifecycle of freight procurement and ensure global compliance<\/b> against carrier allocations and freight budgets<\/td>\n<\/tr>\n\nIncrease Direct Sourcing <\/b><\/td>\n Increase sourcing flexibility by leveraging vast connected vendor communities and expand global fulfillment capability<\/b>\u00a0 to 3rd<\/sup> party customers<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n <\/p>\n
<\/p>\n