Lenovo expands commitment to supply chain visibility with GT Nexus
GT Nexus announced has announced that Lenovohas renewed its cloud supply chain commitment to support b...
GT Nexus announced has announced that Lenovohas renewed its cloud supply chain commitment to support business growth on the GT Nexus platform. Supply chain visibility combined with analytics, rooted in deep trading partner connectivity on GT Nexus, enables Lenovo to operate a customer-centric supply chain and drive data and analytics in the chain, while continually identifying opportunities to improve performance and reduce cost. The announcement was made at Bridges 2015, the premier cloud supply chain industry event being held June 8-11 in Hollywood, Florida.
A $39 billion global Fortune 500 company, Lenovo is the world’s No. 1 PC manufacturer and a leader in providing innovative consumer, commercial, and enterprise technology. Its portfolio of high-quality, secure products and services covers PCs (including the legendary Think and multimode YOGA brands), workstations, servers, storage, smart TVs and a family of mobile products like smartphones (including the Motorola brand), tablets and apps.
“GT Nexus gives us greater visibility and insights into the supply chain, enabling us to reduce transportation lead time variability, decrease in-transit inventory, and improve our customer centric perfect order fulfillment goals,” said Gareth Davies, director of Global Provider Management, Lenovo. “Operating smarter and more efficiently through cloud based connectivity helps us better serve our customers.”
Lenovo tracks products as they move from manufacturing locations to retailers and end-consumers, using GT Nexus. Visibility spans transportation modes, geographies and business lines, enabling Lenovo to more accurately manage supply chain performance and segmentation. Orders often consisting of dozens of units are organised and tracked to provide the end customer direct visibility into expected arrival time.
Supply chain intelligence delivered through GT Nexus enables Lenovo to analyse transportation partner performance, identify supply chain improvement opportunities and prevent potential service disruptions.
“Supply chain visibility and intelligence are essential attributes at Lenovo, but the real competitive weapon is the ability to rapidly execute on this intelligence,” said Sean Feeney, CEO of GT Nexus. “Operating as a network allows Lenovo to be agile, responsive and adaptive to changes on both the supply and demand side. This is essential in the high tech industry where challenges such as product obsolescence, complex outsourced supply chains and demanding customers are prevalent.”
Lenovo has run its supply chain on GT Nexus since 2010.
GT Nexus operates the world’s largest cloud-based business network and execution platform for global trade and supply chain management. Over 25,000 businesses across industry verticals, including adidas Group, Caterpillar, Citi, Columbia Sportswear, DHL, Electrolux, Levi Strauss & Co., Nestlé, Pfizer, and Sears share GT Nexus as their standard, multi-enterprise collaboration platform. This enables all network participants to operate against a core, real-time and always on set of information across multiple supply chain functions, allowing them to optimise the flow of goods, funds and trade information, from the point of order through final payment. For more information please visit us at www.gtnexus.com.