Vendor Engagement and Advanced Analytics in Supply Chain Management
November 8, 2017
On 26th October Adjuno spoke at the breakfast networking event organised by Australasian Supply Chain Institute (ASCI) in Sydney, Australia.
Our Business Development Director from APAC, James Hargraves, presented his vision on “Vendor Engagement and Advanced Analytics in Supply Chain Management.” He shared the insights on the latest advancements in vendor engagement and how to apply next gen business analytics to your supply chain.
We have summarised the key points from the presentation:
Trends in Online Vendor Engagement
- Connect all trading parties together on one platform to your ERP data
- Having one point of contact for product concept to cash, providing real-time visibility
- Capturing ethical and technical audit result online and providing transparent results
- Accuracy in validation & business rule adherence, greater admin control
Predictive Supply Chain Analytics
- More status and visibility information available today than ever before
- Predictive algorithms automatically work through a huge database of actual data to forecast and predict accurately
- Perform in-depth analysis that identifies the implications and suggests actions caused by missed deadlines, before they become an issue
If you would like to know more about the key benefits of analytics in supply chain management for your organisation – get in touch with Adjuno today at firstname.lastname@example.org
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Customer Success Stories
We have found them to be an excellent business partner. Through the implementation of both their supply chain and sourcing software they have more than proven themselves in giving us a product that functions the way we need it to. LIMA has been a fantastic supply chain visibility tool, calculating real accurate landed cost position throughout the order lifecycle. The LIBERTY software matches our product sourcing business needs perfectly. PLM systems I’ve previously used, often bring lots of issues through implementation, but these guys managed this and I’ve got highly satisfied users.John Amm - GM Global Sourcing, Myer
The solution has realised more benefits than we initially thought possible. Claims notifications are being handled in a fraction of the time. Suppliers are making fewer calls into the office and quality scores have increased dramatically. All of this can only have had a positive impact on the customer experienceMartin Ashfield, head of commercial property claims, AXA
The system alerts us to exceptions against our plan, allowing us to focus our attentions on solving the real issues in the supply chain. Having a comprehensive audit trail of events for everyone to see has resulted in significantly improved service levels from our suppliers and agents.Darren Walker, head of generics buying and UK trading, Alliance Healthcare
Now our buyers can exchange photographs with suppliers and have a real-time dialogue as they develop styles, while buyers out in the Far East can send detailed and accurate information back to their teams in the UK. It has certainly cut lead times and reduced errors.Maxine Walter, supply chain co-ordination manager, New Look
The time it takes to compile reports has been significantly reduced; a report which used to take five whole days to complete is now accomplished within a single day!Sam Brown, Responsible Sourcing Co-ordinator - John Lewis.