SupplyChain Magazine March 2018 | Page 17

“ WE HELPED ONE COMPANY IMPLEMENT A PROCESS TO IMPROVE SOURCING AND ORDER MANAGEMENT , WHICH DELIVERED $ 7MN OF SAVINGS WITHIN A FEW MONTHS ”

– Kevin VanLowe , Supply Chain Lead , Exostar
Exostar enables thousands of within Life Sciences community to work together via an industrytrusted identity credential
applications and tools to support encryption in transit and at rest while leaving behind the audit trail you need , to know who has accepted that information , so you can maintain the integrity of those ITAR ( International Traffic in Arms Regulations ) or official sensitive controls .” As organisations continue to automate their processes , machine-to-machine analytics applied to big data becomes more important . Exostar is committed to innovation , and is looking at leveraging blockchain for a global ledger for trackand-trace and material ownership across different tiers in A & D and beyond . “ With respect to digitalisation , it ’ s partly about eliminating manual and automating ,” says VanLowe . “ But it ’ s also about taking full advantage of digital business models driven by the rise of IoT , artificial intelligence and predictive analytics . We ’ re helping people get much better at delivering actionable insights .” Exostar is keen to make standard supply chain processes more efficient , effective and secure to help companies avoid the paper blizzard to focus on working capital , cost reduction and ultimate response to their end customer . “ When you ’ re talking about supplier management we have a model called Collect Once , Connect Once , Certify Once , Share Many ,” reveals Zullo .
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