Industrial Manufacturing
Digitalization and the Internet of Things enable new ways of customer interaction for manufacturers around the world
Digitalization and the Internet of Things enable new ways of customer interaction for manufacturers around the world
TÜV Rheinland Business Stream Products decided to create a digital ecosystem to facilitate cross-functional collaboration between the company’s globally distributed teams and customers. By implementing a new workflow platform, TÜV Rheinland gains more control over its projects’ execution and delivery, while opening new possible revenue streams through offering tailored services to its customers.
By using BearingPoint’s Inventory Navigator, a global automotive supplier client benefits from a sustainable inventory optimization approach resulting in full cost transparency for logistics planners and material managers. This empowers them to make data-driven decisions, adapt to changing market demands, and achieve an inventory level that meets liquidity constraints and targeted service levels.
When people think about the external workforce, they often refer to contingent staff and purchased services, an area typically covered by legacy technology solutions like MSPs and VMS. But those don’t address a growing problem now: how to handle management duties as more outside workers are being brought into asset-intensive industries to maintain and upgrade plants or build new facilities.
This article will examine in more detail the complexity of contractor labor, its different use cases and a potential path forward for companies looking to gain control over this spend category.
Innovation in the Vendor Management space has led many businesses to see tapping third-party software solutions as a means to realize today’s dominant management update: digital transformation. While it is true that acquiring the latest tools will help digitize, automate, and optimize procurement processes, the assumption that vendors can do it all for you is wrong – very wrong.
So how can Procurement succeed with a successful digital transformation?
