SupplyChain Magazine March 2018 | Page 20

INTERVIEW

create that single pane of glass . We ’ re making an investment in this because our customers have engaged us to solve this problem and offer a central view of their suppliers – one database , one source of truth that can feed your multiple ERP systems . You have one vendor , one look and one vision so you can monitor spend and do high level analysis in a new way .” VanLowe sees the trend for growth in the aftermarket side of the business giving more opportunities for companies to leverage insights via IoT from assets in the field that respond to global inventory needs . “ Companies are shifting from simply buying a component to buying a level of service , so you ’ re not just responding to factory orders , but repair and maintenance activity around the world .” VanLowe ’ s holistic view of the supply chain is the product of more than 20 years ’ experience working for the likes of GM . As manufacturing companies move more towards outsourcing while becoming integrators ( as opposed to being vertically integrated ), the weakest link in many organisations is their supply chain , he argues . “ Security is key to hedge the risk of working with a multitude of global partners across industries . We really see that as a growing opportunity for Exostar going forward .”
20 March 2018