Gartner supply chain report recognizes ModusLink clients
Nine out of the top 10 companies recognized in “The 2011 Gartner Supply Chain Top 25: High Tech” are working with ModusLink Global Solutions to provide value chain strategies and solutions. According to the report, “High-tech companies in 'The Gartner Supply Chain Top 25 for 2011' continue to focus on balanced operational and innovation excellence to enable superior corporate performance.”
Names of the companies recognized were not released.
“From natural disasters in Japan and Taiwan to economic uncertainty throughout Europe, the past year presented supply chain professionals with a number of unforeseen challenges that had the potential to impede business growth,” said Joseph C. Lawler, president and chief executive officer for ModusLink Global Solutions.
“ModusLink has helped well-known consumer electronics brands respond to these unexpected events and execute business-critical processes. We're proud to see our clients recognized for leading the industry.”
According to the report by Stan Aronow and Matthew Davis, “Many high-tech leaders are tailoring end-to-end supply chain capabilities tuned to the specific requirements of distinct clusters of customers and/or markets. This segmentation approach has allowed them to emphasize cost efficiency, speed to customer and/or services offered in the most profitable fashion.”
Companies included in “The Gartner Supply Chain Top 25” reports are judged on three components: public financial data, Gartner analyst opinion and a peer opinion panel.
SEE OTHER TOP STORIES IN THE SUPPLY CHAIN DIGITAL CONTENT NETWORK
ModusLink designs and executes supply chain strategies for the world's largest technology and consumer goods companies. The company provides strategies and solutions across the end-to-end value chain, including supply chain processes, aftermarket services, e-business solutions and entitlement management.
Leveraging ModusLink's global, flexible supply chain infrastructure and scalable business processes gives organizations the opportunity to access new revenue opportunities, respond to changing market conditions and reduce risk.
For more information about “The 2011 Gartner Supply Chain Top 25: High Tech,” including how to get access to the list itself, click here.
Vizibl: The Future of Supplier Relationship Management (SRM)
Even the best procurement team on the planet can only derive so much value from their suppliers by tinkering with spreadsheets or negotiating another half-percent-per-unit from a regular bulk-buy.
The value of relationships count in today’s fast-paced and disrupted business environment, where partnerships, future efficiencies and risk mitigation are just as vital a measure of an organisation’s maturing procurement organisation as overhead reduction.
A recent McKinsey survey into 100 large organisations found that the more cooperative an organisation, the more financially competitive it could become. "Companies with advanced supplier-collaboration capabilities tend to outperform their peers,” it found, but also admitted that this value is not a simple thing to access.
Visibl is a company built from the ground up with the philosophy of ‘delivering mutual value' in mind. Its digital procurement platform is designed to place collaboration at the centre of supplier relationships. Greater transparency for all stakeholders not only simplifies and quantifies contractual obligations, but also provides opportunities to discover and align on common goals and business objectives.
How does Vizibl’s platform work?
Vizibl’s supplier relationship management platform feeds off data. By leveraging data from existing enterprise applications such as ERP, P2P, risk management, or project management systems, all stakeholders can share a central source of truth. The result is greater transparency, visibility and accountability on both sides of a contract. The platform is divided into several focus areas:
- Vizibl Relationships: This system helps organisations move beyond transactional interactions with their suppliers, instead building trust and applying a governance framework that is both scalable and consistent to better support core business objectives.
- Vizibl Workspace: Operating in one virtual workspace removes friction in collaborative endeavours and aligned initiatives. Vizibl Workspace enables partners to drive goals together, whether improved cost-savings, ESG commitments, new product launches or boosting operational efficiency.
- Vizibl Reporting: Measuring results is critical in achieving business objectives, forward planning and risk management. This system helps business leaders leverage actionable data to quantify and drive initiatives, support and mange supplier performance, and understand true ROI.
Key Vizibl customers: Heineken, Vodafone, Astellas
“Gartner lists supplier collaboration as supply chain leaders’ number one focus to solve for agility and resilience”
Speaking to SupplyChainDigital.com earlier this year in June, Mark Perera, CEO and co-founder of Vizibl said: “We work with companies across multiple industries, but regardless of sector, we really see agility and resilience as overarching topic areas in the supply chain. From a resilience perspective, that’s both in terms of operational resilience, but also strategic resilience; we see organisations looking at implementing the desired levels of flexibility and the ability to change with demand, as they look towards the future of their company.”
“Gartner lists supplier collaboration as supply chain leaders’ number one focus to solve for agility and resilience,” he added. “The mindset and process change to switch to a supplier collaboration model will be a challenge for organisations that are falling behind.”