U.S. companies spend an average of 25 percent of corporate budgets on SCM for items such as inventory carrying costs, materials procurement, transportation, order management, supply chain financing and related IT expenditures, according to Categoric Software Corporation.
AMR Research predicts that supply chain revenue will grow to $18.6 billion in 2003.
AMR Research has noted that "many new and existing software vendors are adding supply chain visibility and alert messaging as a means of offering SCEM.?
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Simplewire can help your business stay up to date on product orders, shipment status, and delivery schedules through wireless messaging.
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The supply chain in most industries is a tortuous one. With a number of stops along any product’s path from raw materials to marketplace, there are many opportunities for problems to arise, and for schedules to conflict. In order to avoid these potential problems, U.S. companies spend an average of 25 percent of corporate budgets on SCM for items such as inventory carrying costs, materials procurement, transportation, order management, supply chain financing and related IT expenditures, according to Categoric Software Corporation. AMR Research predicts that supply chain revenue will grow to $18.6 billion in 2003.
Wireless messaging is a component that can greatly enhance the ability of all parties along the supply chain to remain informed in real time of new occurrences. Drivers and warehouse staff can be notified of changes in orders and schedules. Service personnel can use 2-way messaging to report back to the corporation with progressive work notifications, can check the availability of a certain product, and can place orders. Additionally, a wireless supply chain management solution allows corporations to offer their customers instantaneous tracking and delivery information.
Hence, the reason that AMR Research has noted that "many new and existing software vendors are adding supply chain visibility and alert messaging as a means of offering SCEM.” By integrating Simplewire into supply chain management software systems, vendors and suppliers can receive alerts as their products move through the various steps in the supply chain. By keeping the various parties fully informed, the efficiency of the process is improved, and the huge percentage of the budget spent on supply chain management initiatives can lead to a maximal return on investment.
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