ENSURING SUPPLY CONTINUITY THROUGH COMPREHENSIVE DESIGN, SOURCING AND COLLABORATION BEST-PRACTICES
At a time when supply risks loom larger than ever, many companies lack strategic approaches to manage that risk and ensure supply continuity. This fact, combined with the increasingly global nature of today’s business climate, makes supply management a daunting task for every organization that procures goods and services.
Success requires continuous collaboration among purchasing, engineering, supply operations, and vendor personnel. Companies must reduce complexity in their supply chains to maximize margins and launch products with agility. Sourcing processes need to be streamlined to optimize direct material costs and enable the supply base to support and respond to changing needs.
Designed with these best practices in mind, i2 Total Supply Management combines supplier relationship management (SRM) processes with collaboration and procurement processes that cut across time-horizon, functional, and geographical boundaries.
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Reducing Lead Times at Dana Corporation
Multiple legacy systems from numerous acquisitions left Dana Corporation with a slow, fragmented procurement process. Embarking on a value chain management initiative using i2 solutions, Dana has achieved forward visibility into its value chain, and is reacting to time-to-market with exceptional speed.
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