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Big companies tend to select an enterprise system for its core finance modules and the need – no, requirement – for a single version of the truth in accounting, as well as a chain of internal controls driven by the 2002 Sarbanes-Oxley Act. Let’s say the new system will provide visibility to reduce excess and obsolete inventory by 25%.
Over the course of our brand new four-part series, we’re going to talk about why optimized and actionable data is more powerful than mere visibility; and why organizations need good data, not lots of data. What are the barriers to achieving true end-to-endvisibility? You have to give them the visibility.
Here is the paragraph: “Back in 2002, Greg Brady , a supply chain visionary, and Ranjit Notani , a pioneer in multi-enterprise collaboration technology, came to the conclusion that the traditional paradigm of business-to-business collaboration built around enterprise-centric software was fundamentally flawed. ” 30
Logistics was first applied and recognised in military operations, its most significant impact is felt through the functions of production, distribution and consumption (Rodrigue and Slack, 2002). The management of digital production flows brings great agility to the entire supply chain, from end to end. Neil Southern.
Some have a willingness to learn it, but struggle to overcome personal fears and defense mechanisms that come with working with visible goals, openly across functions. S&OP is accepted as the end to end operating model to steer the business to its vision. The second reason is behavioural driven and more complicated.
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