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Supplyframe sourcing

Supplyframe sourcing

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Supplyframe

May 24, 2017

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  1. Title Text Body Level One Body Level Two Body Level

    Three Body Level Four Body Level Five supplyframe.com/sourcing #1 DIGITAL GOES CRITICAL TRANSFORMING SOURCING & PROCUREMENT OPS
  2. supplyframe.com/sourcing WHAT DOES IT EVEN MEAN? “DIGITAL TRANSFORMATION” | “DIGITIZATION”

    Often, solutions providers, thought leaders, and experts cover these critical topics without handing actionable insights to their audience - or simply tend to keep definitions blurry. Before we get any further, here is how we look at digital transformation: Latest tools & technologies yield higher competitiveness. Drive increased efficiency while lowering costs and risk levels. Automate manual, menial work. Focus on what matters. SaaS model. No upfront investment. No long-term commitment.
  3. supplyframe.com/sourcing IS IT CRITICAL? The increasing pace of the global

    markets - combined with fierce competition at every level - makes transformation a requirement for survival. Modern technologies allow more productive and efficient supply chains, but organizations can’t afford to make a wrong move in their digital transformation. However, status quo is also not a viable option. Supplyframe SaaS solutions help 13,000+ companies worldwide to digitize their supply chain processes. Average lifespan of companies in the S&P 500* 1960: 60 years 2015: 18 years 88% of the Forbes 500 companies have either gone bankrupt, merged, or still exist but have fallen from the rankings in the last 60 years.* 12 24 36 48 60 1960 2015 PwC - The Rise of Industry 4.0 + Deloitte CPO Survey 2016
  4. supplyframe.com/sourcing 2017 CPO SURVEY “90% of executives anticipate that their

    industries will be disrupted by digital technologies, only 44% are adequately preparing for the disruptions to come”
  5. supplyframe.com/sourcing THINGS ARE MOVING Multiple industry reports show common patterns:

    
 - Organizations are heavily investing into digital sourcing & procurement solutions. 
 - Executive teams support the implementation of new procurement strategies within their organization 75% OF EXECUTIVES SUPPORT THE DEVELOPMENT OF DIGITAL PROCUREMENT 86% OF COMPANIES WILL COMPLETE THEIR DIGITAL TRANSFORMATION WITHIN 2-5 YEARS 20% OF ORGANIZATIONS HAVE DIGITIZED THEIR SUPPLY CHAIN SO FAR Deloitte CPO Survey 2017
  6. supplyframe.com/sourcing TOP AREAS OF INVESTMENT [PROCUREMENT & SUPPLY CHAIN EXECS]

    ANALYTICS STRAGEGIC TOOLS Prescriptive Analytics Market Intelligence Big Data Operational Automation Scaled Productivity Competition Visibility Deloitte CPO Survey 2017
  7. supplyframe.com/sourcing MOST COMMON OBSTACLES Data accuracy and integrity are critical

    success factors. The promise of successful digital operations in the supply chain is intrinsically tied to these two factors. Data Accuracy & Integrity Integration & Communication Analytical Sourcing Skills Bad data, bad decisions Connect workflows Clerical vs Strategic +
  8. supplyframe.com/sourcing SKILLS GAP Not every company is a software company.

    Most organizations don’t have the big data and analytics expertise in house to build these solutions internally. A few specific vendors are equipped to aggregate, parse and process large volumes of industry-specific data. In return, this new class of sourcing tools provides accurate AI driven recommendations to help teams make better decisions, consistently.
  9. supplyframe.com/sourcing 9 supplyframe.com/sourcing Designing with the right parts is mission

    critical. Sourcing and procurement teams need to know if parts are procurable. Scaling up production requires efficient RFQ management. Larger organizations require enterprise- grade solutions. Companies need a reliable way to vet outside vendors. Access to top worldwide suppliers is necessary for procurement. TODAY’S CHALLENGES IN SOURCING + PROCUREMENT
  10. supplyframe.com/sourcing CULTURAL SHIFT 1/2 Achieving digital maturity impacts the way

    top-performing organizations work: FROM CLERICAL TO STRATEGIC Automation and access to new sets of industry knowledge in real time allows sourcing and procurement employees to focus on high-value areas of the job. Top performing companies have enabled sourcing departments by equipping them with enterprise-grade tools. PwC - The Rise of Industry 4.0
  11. supplyframe.com/sourcing CULTURAL SHIFT 2/2 Achieving digital maturity impacts the way

    top-performing organizations work: NETWORKED SUPPLY CHAIN Connecting interdependent links in the supply chain and enabling information sharing unlocks unprecedented level of collaboration, productivity and visibility. BETTER DECISION MAKING Relying on the new generation of tools allows better decision making - through relevant data insights, automated bulk querying and real-time assessment of market status. BOMs come to life. Stock, pricing and availability are continually updated. Data is always accurate and decisions become more educated.
  12. supplyframe.com/sourcing INDUSTRY 4.0
 BUILDING THE DIGITAL ENTERPRISE “Companies with highly

    digitized supply chains and operations can expect efficiency gains of 4.1% annually, while boosting revenue by 2.9% a year.”
  13. supplyframe.com/sourcing 2016 GLOBAL SURVEY 87% of companies have been impacted

    by a disruptive incident with a supplier 28% faced major disruption 11% experienced a complete third-party failure DON’T LET THIS BE YOU…
  14. supplyframe.com/sourcing 14 supplyframe.com/sourcing WHERE TO START? THE “ONE BIG SOLUTION”

    MODEL HAS FAILED. “Building new supply chain models requires the capacity to iterate quickly, in addition to openness and distribution. This is where software-as-a-service (SaaS) products become the building blocks of supply chain ecosystems. Relying on solutions that don’t require complex installations while integrating with existing workflows and/or other tools seems like the safest bet. Using monolithic systems to develop new models and iterate at scale is next to impossible. ” Full article on
  15. supplyframe.com/sourcing 15 INTRODUCING SUPPLYFRAME Most companies have built silos of

    applications defined by departments or processes. Our mission is to bring down those walls by providing accurate data to all the interdependent links of the supply chain. Supplyframe solutions work seamlessly together, while delivering significant improvements in every specific area of your supply chain operations. TRANSPARENCY AUTOMATION DATA COLLABORATION COMMUNICATION SECURITY
  16. supplyframe.com/sourcing 16 supplyframe.com/sourcing SAAS PRODUCTS IMMEDIATE VALUE - NO COMMITMENT

    PARTS.IO FINDCHIPS QUOTEFX POLYDYNE SUPPLYFX BOM2BUY VISIT SUPPLYFRAME.COM/SOURCING TO LEARN MORE
  17. supplyframe.com/sourcing 17 supplyframe.com/sourcing $40 BILLION 6M + engineers, buyers, suppliers,

    and supply chain professionals use our products to research, design, build, and procure tomorrow’s hardware products. SUPPLYFRAME INDUSTRY NETWORK AT A GLANCE 402,549,385 $32 BILLION Quote traffic in 2016 Product spec searches Worldwide transactions