Optimizing the Global Supply Chain
In today’s competitive environment, procurement, manufacturing and distribution must be global.
With your components and finished goods anywhere in the world at any given time, having clear visibility into your inventory wherever it resides, can help you more efficiently optimize your supply chain, saving costs and increasing revenues.
However, optimizing a global supply chain also means integrating product and inventory data distributed across multiple suppliers’ systems, each with their own unique formats, security protocols and more. But combining the data in a consolidated data warehouse typically cannot meet the up-to-the-minute inventory data requirements, nor can this approach flex to bring on new suppliers at pace.
More agile data integration solutions that can federate up-to-the-minute data across this diverse landscape are required.
Composite Data Virtualization Solutions for Supply Chain Management
Enterprises with complex, global supply chains across multiple industries rely on the Composite Data Virtualization Platform to integrate the supply chain information required to ensure competitive success.
Composite data virtualization is a more agile, lower cost data integration approach that lets you tap into your disparate ERP, warehouse and logistics management systems, and manufacturing execution systems to create a unified, real-time view of your global inventory situation.
With this clear visibility, you can efficiently manage your supply chain and gain significant business benefits including:
- Increase Revenues – Fulfill customer demand with the right product at the right time
- Improve Productivity – Streamline activities based on complete supply chain visibility
- Reduce Costs – Minimize out-of-stock and expedited shipping costs, while maximizing turns
- Decrease Risk – Reduce supply chain risks with up-to-the-minute supply and demand insight
- Ensure Compliance – Meet B2B data interchange standards more easily
- Global View of Supply Chain – To optimize manufacturing efficiency and customer delivery, over 3000 supply chain planners and business analysts at a leading PC provider needed a global view of product supply and demand data. With Composite data virtualization the company now combines product data from its master data hub, customer demand data from its order entry systems, inventory data from its distribution systems and work-in-process data from its manufacturing operations. Using this up-to-the-minute data from Composite, orders are fulfilled more quickly, thereby improving customer satisfaction, accelerating revenue, and increasing inventory turns.
- Supply Chain Rationalization – To ensure cost and quality objectives, this electronic manufacturer needed to bring new suppliers on board regularly, while eliminating those who could not meet higher standards. With Composite data virtualization the company now adds new supplier data feeds in a few hours to maintain their cost and quality competitive advantage.
- New Product Introduction – In the fashion business, new products are constantly introduced, often straining supply chain reporting systems. This shoe manufactured leveraged Composite data virtualization to accelerate provisioning of these new products across their supply chain analytics and reporting, enabling faster time to market and more revenue.