We are proud that Tempress, the machine builder for Solar and Semiconductors, has chosen the Tradecloud platform to integrate its suppliers at home and abroad. Through the Tradecloud platform, suppliers can view their outstanding orders and can confirm them. The purchase orders come real-time from the existing Dynamics AX system and are confirmed online by [...]
OAKLAND, Calif. & ROTTERDAM, Netherlands--(BUSINESS WIRE)--For businesses across the ocean supply chain, providing end-to-end visibility and predictability is vital for staying ahead of the competition, yet planning processes across the container flow currently take place in silos, with little standardization or real-time information exchange, and few opportunities for collaboration. However, an industry survey released today [...]
Suppliers are an intrinsic part of the Supply Chain. It does not matter what business you are in, what products you make, distribute and sell, or what part of the world you are in. And it doesn’t matter where in the Supply Chain you are. You can not accomplish anything without Suppliers. […]
A research report from the University of Tennessee identifies seven ways to improve your company’s chances of creating value from your supply chain collaboration efforts. […]
There is a fundamental difference in perspective between ERP systems and supply chain management (SCM) systems: when it comes to your supply chain, approximately 80% of the data that you need to manage effectively is outside your organization—in the hands of suppliers, service providers, carriers, warehouses, etc. The traditional focus of ERP software has been [...]
The Incoterms® rules have become an essential part of the daily language of trade. They have been incorporated in contracts for the sale of goods worldwide and provide rules and guidance to importers, exporters, lawyers, transporters, insurers and students of international trade. […]
For all the effort that companies devote to improving the performance of their supply chains, relatively few have unlocked the full potential of digital technologies. A recent McKinsey study found that the average supply chain has a digitization level of 43 percent, the lowest of five business areas that were examined. A mere 2 percent of the surveyed [...]
Supply chains are as old as commerce, but today, supply chain operations are evolving at an unprecedented clip. Modern supply chains are incredibly dynamic. Processes that used to be essentially linear (plan, buy, make, move) are now intertwined and circular. That means flexibility, agility and responsiveness in supply chain planning are more important than ever [...]
In a networked high-tech supply chain we want to simplify information sharing. So that parties can provide each other with orders, shipments and 3D drawings efficiently and effectively. In fieldlab the Smart Connected Supplier Network Tradecloud, and many others, develop, test and implement new standards for information sharing based on semantic technology, thereby ensuring optimal interoperability [...]
A recent survey from the Lünendonk market researchers found that in Germany, the level of connectivity between suppliers and purchasers reaches between 5 and 50 percent, which shows typical characteristics of small and medium-sized enterprises. In concrete terms, this means: Many SMEs seem to standstill before reaching procurement 4.0. They’re not able or willing to [...]
