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How to Reshape Your Supply Chain Network (and Why You Need to Do It Now)

February 1, 2010 Leave a comment

by Khudsiya Quadri (see bio)

The landscape of the supply chain has changed drastically over the past five years. It went from local to global in manufacturing, procurement, sourcing, logistics, and customers. As such, there are some major challenges in the supply chain network:

  1. There are no boundaries within the network.
    There are no physical or virtual boundaries left within the supply chain. For example, the customer could be in North America and ordering a product via the Internet from Ireland—but this creates a problem. Why? Each party involved is not aware of the rules and regulations they need to comply with, and do not understand that an order confirmation from the manufacturer is crucial to the retailer’s (manufacturer’s customer) delivery schedule to the end consumer.
  2. It is difficult to make the pieces of the puzzle fit cohesively.
    Each process within the supply chain needs to work together. For example, it’s crucial for a warehouse to know when the shipment will arrive. If the warehouse is unaware of the delays caused by the transportation company, it will cause labor/capacity and equipment availability issues.
  3. Not being able to adapt to rapidly changing customers’ preferences.
    Organizations need to understand the shifts that are occurring in the customer’s requirements. For example, Coca-Cola recently came out with a product that contains 90 calories for diet-conscious customers. In this scenario, if the organization’s manufacturing and product development was not aligned with the customer’s requirements, an organization could in turn lose these customers.

Now, the daunting question: How can an organization eliminate these challenges/risks and still make its supply chain work accordingly.

The answer: E-commerce.

E-commerce is an electronic exchange of data or a transaction, like an electronic funds transfer (EFT), or an electronic data interchange (EDI).  E-commerce within the supply chain helps create links for each business process. This allows organizations to communicate and collaborate with trading/business partners. There are benefits for using e-commerce- based applications:

  • All information regarding changes in rules and regulation are communicated between trading partners. The shipper is aware of the new laws regarding the delivery destination or location. For example, in the US, the new security program known as the “10+2 rule” mandates that advanced shipment notification (ASN) has to be provided to customs 24 hours before a shipment arrives at US borders.
  • Any changes in the demand for a product/service are communicated instantaneously either via the Internet or through data interchange (portal, EDI, e-mail etc.). This eliminates the excess costs associated with manufacturing and delivering products where there is no demand—or spike in demand.
  • Knowing what inventory is in the store, or in the plant is essential when confirming customers’ orders. By using e-commerce, organizations can get better visibility into inventory levels—regardless of where the inventory is residing. All details of inventory will be provided via ASN or an inventory portal.

Organizations must be aware that the transition to e-commerce needs to happen in a manner where the following considerations are taken into account:

  • Clearly define each business process. If business processes aren’t clearly defined, gaps will be created within an organization’s supply chain.
  • Provide adequate training on e-commerce applications to all parties involved (both internally and externally). If an organization doesn’t provide sufficient training to staff and suppliers, workarounds will be created to avoid using the application which in turn creates additional costs for an organization.
  • The user interface (UI) make sure the e-commerce application is user-friendly. If organizations don’t provide the proper interface, it will take longer to process a transaction because more time is spent understanding the application than actually processing a transaction.

Organizations with an integrated supply chain reap the benefits of faster development cycles for a product and handle changes in the market place without creating a fiasco for the parties involved. With the help of an e-commerce enabled supply chain, companies are able to expand their business into emerging and existing markets and can streamline their business processes with customers and suppliers.

How about you? What are your thoughts on the benefits or drawbacks of e-commerce? I welcome your comments.

Flexible Sourcing and Procurement Solutions for Small and Medium Businesses

November 24, 2009 Leave a comment

ODScommerce’s solutions and services are geared towards Small and Medium Businesses by understanding the challenges faced by these businesses and catering to them. By partnering with ODScommerce, clients would experience the following:

Flexible Solutions made to order

ODScommerce offers solutions that are customized and scaled to meet the needs of individual sourcing organizations, no matter where they are in their implementation of e- Sourcing.

ODScommerce combines a SaaS architecture platform with consulting services to provide a complete Knowledge Process solution for Small to Medium size businesses in sourcing and procurement. Customers may choose to utilize ODScommerce’s complete solution or incorporate a selection of services – such as Spend Analysis, Sourcing Management, or Contract Management – into their sourcing processes.

Each solution adapts to existing business models with procurement /sourcing processes, allowing companies to control the way they acquire goods and services. In as little as 24 hours, the configurable ODScommerce solution can be implemented and fully functional.

Flexible Deployment

In addition, ODScommerce’s OnDemandservices can be deployed in different ways that provide customers with the level of support they need and the control they desire such as self-serviced, managed and full-service.

Clients could also choose project services where ODScommerce provides professional consulting services for those customers looking to expand on the event services, move into an unexplored areas, or improve upon functionality that already exist in their organizations.

Furthermore, ODScommerce provides a compelling portfolio of Knowledge /Business Process Outsourcing Services that can be counted on to deliver value by a professional team that understands business drivers and what is necessary to bring clients to world class standards to compete in the global environment. These services are available with the ODScommerce solution as individual services or add-ons to the event services.

Read More Here!

ODScommerce, Inc. Supports SaaS as the Enterprise Network Backbone for the Future of the SMB Market

November 10, 2009 Leave a comment

Pittsburgh, PA October 30, 2009 – ODScommerce, Inc’s strategic platform supports the valued premise that the market has been clamoring for a single provider that can deliver the expertise, benefits and talent management solutions without the ‘heavy lifting’, licensing fees or proprietary engagements often associated with similar offerings from ERP providers or large consultancy groups.  The ODScommerce platform is fast becoming that vendor of choice because combining On Demand Services designed for the SMB market for those organizations that are looking to drive greater consistency through Knowledge Process Outsourcing solutions across their organizations and at the same time offering a pathway to increase efficiency while reducing costs in a SaaS environment appears to be a winning combination for procurement and sourcing supply chain services.

“The current global economic downturn is changing the way global corporations are valuing cash on hand and capital investments.  Until the markets become more stable, capital investments will proceed with caution. Those allocating funds for software investments will likely look for alternatives to large scale, costly implementations and enterprise licensing scenarios. The impact is that Software as a Service (SaaS) is now taking the lead for suppliers, customers and the enterprise are becoming the key deployment arm that address these realities to minimize the Total Cost of Ownership (TCO) and this is being done through world-class practices known as Knowledge Process Outsourcing (KPO) solutions.” stated Ramesh Mehta, CEO and President ODScommerce, Inc.

The SaaS enterprise network is fast becoming the backbone for the SMB markets and the net market effect is that an increasing number of companies are adopting a SaaS management model called online workspaces”, a ubiquitous Service-Orientated-Architecture (SOA) solution that offers on-demand services while providing these exceptional benefits to the business. SaaS advantages are compelling because of its quick and cost-effective deployment while shifting costs from capital to operational budgets with the vendor. Accepting the proven concept of anywhere, anytime access via the web thus enabling streamlined processes for business operations with increased productivity, exceptional ease of use and eliminating formal training requirements for end user is formidable. And “pay-as-you-go” event pricing to acquire “on-demand” KPO services is most attractive.

To Read More on this: http://www.odscommerce.com/news-events/20091109.php

 

ODScommerce Delivers Knowledge Process Outsourcing Services that Drive Bottom-line Supply Chain Benefits Through an On Demand Model for Global Commerce

November 5, 2009 Leave a comment

Pittsburgh, PA, Nov. 5, 2009 – ODScommerce, Inc. now offers a compelling and significant value proposition for its SMB worldwide customers by providing standard and customized outsourcing and professional service options backed by a highly skilled and professional global team. Knowledge Process Outsourcing(KPO) solutions combine the conventional practice of e-sourcing with the power of the Internet and SaaS that forms robust new service offerings that reduce costs, improve customer service, and creates immediate customer value. “In fact, more and more companies are now realizing that the near-term impact of Knowledge Process Outsourcing is one of the most effective strategies for maximizing profitability,” stated Ramesh Mehta, CEO and President of ODScommerce, Inc. “ODScommerce separates itself from other industry service providers with a proven portfolio of services designed for SMB clients and proven by Fortune 500 customers.”

ODScommerce is delivering its KPO services for global commerce to Infrastructure (Construction), Energy/Utility, Manufacturing and Transportations industries. The dynamic On Demand Business Model offers a complete on-line e-sourcing package that will drive efficiencies, streamline systems and integrate business processes across all functions.

The On Demand Service Model offers flexible solutions that are customized and scaled to meet the needs of individual sourcing organizations, no matter where they are in their e-Sourcing organizational function. ODScommerce will provide and support a complete package of e-sourcing business transactions that allows for continuous and strategic management of the total process by enabling clients to connect sourcing and procurement to spend analysis and contract management functions within the organization. At the same time, the model leverages the scalability of SaaS that is dynamic in design, compliments organizational growth and facilitates professionally managed relationships between suppliers and customers.

More at  http://www.odscommerce.com/news-events/20091105.php

A SaaS Based On-demand Procurement Service Company, Answers the SMB Need for a Knowledge Processing Procurement Solution

November 4, 2009 Leave a comment

Pittsburgh, PA, Oct. 27, 2009 – ODScommerce, Inc. is pleased to announce a powerful web based solution delivering single-point 24×7 access for all procurement-related processes and sourcing requirements. This OnDemand service model for global commerce offers flexible solutions that are customized and scaled to meet the needs of individual sourcing organizations, no matter where they are in their e-Sourcing organizational function.

Trading events for Buying and Selling are organized for flexible deployment and available in a variety of formats that are client run or ODScommence enabled. Attractive options including customized packages targeted to the needs of the SMB market provide customers with the “right” level of support that they need to operate and manage their business models. These event driven services are organized though a menu approach with each event module adaptable for quick implementation via a SaaS architected solution to support the needs of SMB industries in a secured environment and scalable to meet all customer requirements.

“We are delighted to offer our On-Demand Services for global commerce to our SMB customers and feel that providing these services, that were only available to the Fortune 500 companies in the past, will now provide a healthier and more competitive class of customers in the future.” said Ramesh Mehta, CEO and President of ODScommerce, Inc. “ Technology has facilitated this move and with SaaS and leveraging our world class and proven application customers can expect within weeks to achieve an absolute return on their investment and expect that with time, the savings will compound”. “ Customers can expect some of our services to include RFP, RFQ Auctions, Multistage Bidding, Strategic /Project Sourcing, Vendor Selections, Requisition Management, Contract Management, Requisition Management, Supplier Data Base Management and of course be provided with project services that facilitate any wrap-around services that customers need to operate their businesses”.

For More: http://www.odscommerce.com/news-events/20091027.php

ODScommerce Enters the SMB Market with Innovation and Technology Used by the Fortune 500

October 29, 2009 Leave a comment

Pittsburgh, PA, Oct. 1, 2009 – ODScommerce, Inc. is pleased to announce that the Company is now introducing an OnDemand service model for the SMB market that offers flexible solutions that are customized and scaled to meet the needs of individual sourcing organizations, no matter where they are in their e-Sourcing organizational function.

ODScommerce will provide and support a closed-end e-sourcing process that delivers a managed electronic facility enabling clients to connect sourcing and procurement to spend analysis and contract management functions within their organizations. At the same time, the ecommerce model leverages the scalability of SaaS architecture that is dynamic in design, compliments organizational growth and facilitates the management of professional relationships between suppliers and customers.

E-commerce flexibility offers clients choices that include:

ODScommerce Self Service is for the customer who has the knowledge base of the procurement and sourcing process and is attracted to the range of events provided. The customer will visit the private secured site and to conduct their entire event and manage all of their information. A preliminary training and online help is available.
ODScommerce Managed Service is similar to Self Service events, except, ODScommerce assists the customer (buyer) in setting up the events, inviting suppliers and managing all purchased events. This is the optimal choice for those customers looking to use external resources. Training and on-line help is also available
ODScommerce Full Service events include all aspects of the managed service, ODScommerce assisting the customer (buyer) in setting up the events, inviting suppliers and managing all purchased events. However, full service also provides invaluable data back up and data analysis. Support services including training and on-line help are also available.
ODScommerce Project Services are ODScommerce consulting services for those customers looking toexpand on the event services, move into an unexplored area, or improve upon functionalities that already exist.

“I am very happy to announce our OnDemand Service Model for Global Commerce that will reduce the single biggest expense that corporations have today. Corporations devote more than 50% of their revenues to sourcing the goods and services required to keep their operations running. Optimizing corporate spending provides the single greatest opportunity to reduce corporate expenses and increase profitability. In order to quickly and efficiently stream-line supplier relationships and leverage spending across the organization, companies are relying more than ever on Knowledge Process solutions. I look forward to working with customers in implementing Knowledge Process Outsourcing solutions in procurement and strategic sourcing that combine the conventional practice of procurement with the power of the Internet to form a robust new tool for reducing costs, improving customer service, and creating value. In fact, more and more companies are realizing that the near-term impact of Knowledge Process Outsourcing in sourcing and procurement are the most effective strategies for maximizing profitability. “stated Ramesh Mehta, CEO and President of ODScommerce, Inc.

 

For More, Please Visit: http://www.odscommerce.com/news-events/20091001.php

 

The ODScommerce Blog

September 30, 2009 Leave a comment

odscommerce-logo

Hello and welcome to the all new ODScommerce Blog!

Here at this platform, we would like to share the thoughts, ideas and trends related to Software as a Service, On Demand Services and Supply Chain Management through ODScommerce platform.

For more information related to ODScommerce and On Demand Services, please visit, http://www.odscommerce.com