THE IMPORTANCE OF SUPPLIERS FOR RAPID INNOVATION
TECHNOLOGY
44 increase labor productivity , and maximise the use of warehouse assets ,” says Merry . “ Ultimately this will drive costs down and create an opportunity for greater warehouse visibility , agility , and productivity . This will build the foundations for profitable growth and improve customer experience .”
Merry states that “ ultimately efficient distribution drives speed , which allows companies to maximise their product placement strategies , better prioritise their tasks , implement productivity standards and increase logistics efficiency , which all could be considered drivers of rapid innovation .”
“Adopting cloud based digitally enabled solutions can be the foundation for endto-end visibility ”
— Tara Merry , Industry and Solution Strategy Director , Infor
THE IMPORTANCE OF SUPPLIERS FOR RAPID INNOVATION
Whether it ’ s simple parts or complex systems , Merry emphasises that “ suppliers are essential to any manufacturer , and the supplier relationship doesn ’ t need to be painful or risky . Creating a flexible connected supplier network built on trust is key and can enable innovation .”
In the minds of a high-tech manufacturer , maintaining a competitive advantage is being the first to market
JUNE 2020