A few recent innovative supply chain applications

Recent innovation in supply chain seems to be coming at the interface between companies and trading partners – here are a few examples:

1) Levi’s has managed to create a common platform for supply chain visbility by linking a global trade platform to its ERP on the one hand and to its suppliers through EDI on the other. This has allowed it to automate the track and trace process as well as enforce tight control over inbound flow.

The system has provided many other benefits:

– Sales and transportation data for analytics, which has also allowed the company to calculate carbon emissions and KPIs

– Ability to work more closely with suppliers to ensure timeliness and quality

– Enhanced security and risk management capabilites

Watch an overview of Levi’s Supply Chain Visbility story

2)  E2open’s E2 Multi-Tier Cost Management (MTCM), is a new solution for brand owners and their trading partners designed to enable cost management on a continuous basis across multiple tiers of a trading network for increased profitability. The solution enables the trading partners to collaborate in real-time during the production process on bills of  material (BOMs) and related costs, cost forecasts, and rebates. It      captures frequent product and cost changes in an “execution BOM,” which is then integrated into multi-tier business processes for cross-network visibility and timely cost management.

3) Trade promotion optimization uses analytics to determine the ROI from promotional activity before they have occurred. It is an advanced application since it needs trade promotion management and store execution capabilities in place before it can become fully effective. Further, as an application that changes the way the sales force operates it requires considerable executive support to overcome cultural hurdles.  Read how Hormel is winning with trade promotion optimization.