Hi-Tech

Given high value goods, short product lifecycles and intense competitive pressures, supply chain professionals in the high tech industry face daunting challenges.

Product life cycles are shrinking, driven by the need to meet customer demand for the next new thing, and to beat competitors to market. There’s a increasing reliance on critical parts arriving at the right place at the right time, crossing borders, using multiple transportation modes, meeting end-of-month and end-of- quarter pressures. There is a lack of real-time, end-to-end visibility into the location and status of goods in motion, by all transportation modes. And an inability to shift suppliers quickly, make changes in plans, re-route shipments and respond effectively in other ways to shifts in supply, demand and external factors.

Hi-tech manufacturers require a new breed of supply chain solution that is predictive and prescriptive, enabling them to see and orchestrate the real-time movement of parts and finished goods anywhere in the world, see and avoid supply chain disruptions, and efficiently match dynamic supply in motion to dynamic demand. TransVoyant is the answer.

hitech

P2L addresses the toughest Hi Tech Supply Chain challenges by delivering these benefits:

  • Real-time, end-to-end visibility into the location of parts, orders and shipments
  • 50% to 90% improvement in ETA accuracy (vs. carrier and 3PL-provided EDI-based ETAs)
  • 20% to 30% reductions in buffer stock as a result of increased certainty
  • Reduced supplier risk—by receiving predictions of likely disruptions from external events, including severe weather, floods, natural disasters, social and political unrest, labor strikes, and more
  • Improved manufacturing, warehouse, transportation and labor scheduling
  • Accurate reporting of border crossing lead times
  • Improved supplier, carrier and 3PL performance monitoring and reporting
  • Increased sales from improved customer performance
  • Improved visibility into critical parts inventory