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Supply Chains at the Speed of Light™
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Sonic Manufacturing Technologies Launches Instantaneous Procurement and Next Day Delivery FREMONT, California USA, June 27, 2016 Sonic Manufacturing Technologies today announces the successful rollout of Supply Chains at the Speed of Light™; a data-driven supply chain integration that exchanges purchasing data within seconds of sensing demand and delivers components to our manufacturing lines the next business day. Partnering with Digi-Key Corporation, the two companies tested the model in a…
Procurement Analytics Enabling Journey to Value
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Procurement Analytics Enabling Journey to Value Making Procurement Relevant In this report, the Innovative Data Leveraging (IDL) process was described in different contexts, but the common thread in each case was that it provided a data-driven approach to driving change. Of course, leveraging analytics is difficult without some prior investment in strategic procurement systems. However, the IDL approach can help organizations at all maturity levels build a solid path toward an analytics-enabl…