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Sure they're cheaper than you are, capable of working 24/7 and getting smarter all the time. But there's no need to dust off your resume. "Intelligent" software programs still have a long way to go.
Simon says, "Stick RFID tags on your products," and America's biggest consumer products companies promptly fall in line? That's precisely what happened when Simon (Langford) issued Wal-Mart's now famous RFID mandate. So what will Wal- Mart want next?
The dry spell's over and there's money in the IT budget once again. You could blow it on software. Or you could integrate all of your systems and transform your business.
And that's a good thing at least when you're talking about inventory. Today's CPFR programs can help trading partners throughout the supply chain reduce stocks while cutting logistics costs. So why haven't they caught on?
Many supply chain managers think their forecasting problems would be solved if they could only get good point-of-sale (POS) data. But it's not that simple.
Technology that keeps the lines of communication open is helping consumer goods companies satisfy even their fussiest customers: the big box retailers.
The attractions of "renting" software from an application service provider on a pay as-you-go basis are obvious: No license fees, no installation costs, no hardware or software to update and maintain. But be careful: ASPs aren't right for every app.
You may be anxious to restore an unruly logistics operation to order with bits and bytes. But there are some good reasons to take a little time out first to figure out what you really need.