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Are the Traditional Package based IT solutions helping us bridge the gap between various departments to give an enterprise level view?
Over the last decade or so, no other industry has undergone such profound changes as the High Tech industry. This industry is witnessing increasing supply chain complexity with the introduction of new products every now and then with short product life cycles, relentless pressures on margins, outsourcing to cheaper destinations, heightened customer expectations, forward and backward integration of the supply chain constituents, need for better collaboration for inventory and forecasting. All these shifts have led to multiple issues, the key being : Lack of effective supply chain and inventory visibility Demand volatility leading to lower planning accuracy High risk of product obsolescence, High No of SKU's, slew of NPI's, Complex Master Data Management Margins under tremendous pressures, sometimes as low as 1-2%
Traditional Package based IT solutions also do not help the cause as they take a departmental and siloed view of the entire Business, where client will get different modules/applications for different Business functions like Procurement, Finance, Sales, Logistics etc. Client will then have to struggle to integrate all these myriad of modules/applications to make them work seamlessly and coherently and deliver the entire value chain. Also measurement of the performance of these functions/processes becomes a tedious job as there are no end to end overarching KPI’s being defined and measured, leading to dilution of process level accountability and view. This may lead to dissatisfied customer and suppliers for the client. This problem becomes more acute as there is plethora of applications available in market even under same product vendor for each business function. So the selection process itself becomes quite a challenge. Oracle and Infosys are currently engaging some of their best talents to create an out of the box Oracle Applications based Demand to Deliver (D2D) solution, which is going to help clients achieve demand oriented value chain, superior performance, efficiencies and help outperform the competitors.
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Comments
Thank you very much for this fantastic blog post; this is the kind of post that keeps me going through the day. I've been looking around for your site after I heard about them from a friend and was thrilled when I was able to find it after searching for some time. Being an avid blogger, I'm pleased to see others taking initiative and contributing to the community. I just wanted to comment to show my appreciation for your work as it's very encouraging, and many writers do not get the credit they deserve. I'm sure I'll be back and will send some of my friends.
Posted by: Patrica Budniewski | July 26, 2010 8:45 PM
Thanks Patrica for your encouraging feedback
The idea of having the Infosys blog site was to provide an interface for free exchange of ideas and thoughts between Infoscions and the external world. The attempt is towards building up of a perfect knowledge economy where everyone contributes. With your feedback, we will continue on our endevor towards the same.
Thanks
Regards
ABhi
Posted by: Abhishek Sabharwal
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July 27, 2010 7:44 AM