Extended Enterprise Management
Today's supply chains continue to grow in complexity across several facets. An increasing number of retailers and distributors are sourcing goods from outside the country, which lengthens lead times and increases the variability of deliveries. While providing significant cost advantages, often these suppliers lack the ability to communicate detailed order status information easily. Similarly, logistics service providers often are unable to convey detailed, accurate, and timely order status as goods move in and out of their hubs. And finally, carriers used to transport goods sometimes struggle to convey real time shipment status to their intended delivery destinations.
This uncertainty translates directly into excess inventory, labor and transportation costs as businesses seek to protect themselves from the risks created by their trading partners throughout the supply chain. Likewise, due to their inability to gain visibility into the current status of inventory, orders and shipments, many businesses lose critical revenue opportunities, which impacts long term shareholder value and brand equity.
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