Idea. Winning Companies Will Operate as Networks
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- Joshua Franklin Moody
- 7 years ago
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2 A Simple BUT VERY YPowerful Idea Winning Companies Will Operate as Networks In the future, the best companies won t act as single organizations, unconnected from one another, but as interconnected, agile business networks that operate far more efficiently and respond far more quickly than the companies we know today. These companies will be the new leaders in the global economy. And they ll do it on the strength of their information systems. 2 Cloud : More than Just Good IT Economics The ERP and business software systems companies have been buying for the past thirty-five years were designed to do, essentially, one thing: automate the processes within a single enterprise. They weren t designed to automate the processes across constellations of companies working together as global trading communities. Cloud changes everything. The superior economics of cloud computing are already abundantly clear. When it comes to supply chain, cloud goes a step further by enabling entirely new information sharing models that simply were not possible using traditional license and install software. The supply chain is not a chain it s a network. And business networks must be flexible and global. Cloud gives companies the power to take their operations to the next level. We re GT Nexus At GT Nexus, we built a company around a simple but very powerful idea: put a single cloud-based collaboration platform at the center of a huge and enormously inefficient market global commerce and trade to give companies a rapid, low-cost path to achieving breakthrough business agility and performance. GT Nexus is the industry-wide collaboration platform that leaders from nearly every sector rely on to automate sourcing, trade finance and logistics operations across their global partner networks. For these companies and their trading partners, GT Nexus is where global trade happens. GT Nexus Corporate Overview
3 Purchase Order #AB22650 Manifest Packing List Commercial Invoice ETA 16 June Kids Division KEY INNOVATION The Single Object Information Model On social networks like Facebook and LinkedIn, if you change an attribute in your personal profile, your linked friends get the update immediately. Change it once and your entire network is on the same page instantly. In the world of supply chain, this information model takes on exceptional power. Orders, shipments, products, invoices, payments and hundreds of other complex and dynamic business objects are modeled and represented just once, in the cloud, on GT Nexus, so your whole supply chain is working from the same single version of supply chain truth. In an industry plagued by inefficiency and poor information, that s a revolution of the highest order. Container Number $1150 USD Customs Declaration 3 Carton ID 40 Ft Dry Container SKU # Stockton, CA Long Beach, CA Exception Wheels Up Event Critical Exception Location Code 06:05 GMT Receipt 1223TM ZIP Code Carton #3264 Port of Entry
4 Global Visibility AND Control Financial and Physical Fused GT Nexus connects the financial and physical supply chains. This allows buyers, sellers, financial institutions and logistics providers to work over a common platform with a single consistent information base supporting multiple supply chain functions. 4 The GT Nexus Platform We provide the business software applications, the technology, and the in-place partner community to give companies the network advantage they need. It s the combination of these three things that makes information sharing and collaboration across globally distributed partner networks finally possible. You get there by putting your supply chain in the cloud. You get there by putting your supply chain on GT Nexus. The Platform is Flexible It s a platform for all but it s a platform for the specific needs of each and every company in the network. And they re on GT Nexus today. Global supply and demand is always on the move. Whether it is new sourcing strategies, new market expansion or unexpected disruptions, the path to operational agility begins with technology that is delivered in the context of a network. In the same way social platforms have changed the way people interact with each other, GT Nexus is transforming businessto-business commerce. THE OPPORTUNITY GT Nexus connects the financial and physical supply chains. Financial Physical GT Nexus Corporate Overview
5 The Most Comprehensive Solution for Orchestration The suite of applications on GT Nexus provides customers with the capabilities to optimize the flow of goods and trade information from planning and ordering through final payment. Leveraging our unique multi-enterprise, multi-tenant cloud platform, we deliver a completely integrated physical and financial supply chain management solution to work in conjunction with the multitude of ERP, WMS, and TMS internal-focused systems already deployed. These solutions are used by enterprises in a wide variety of vertical industries, including life sciences, manufacturing, retail, apparel, and footwear. SUPPLY COLLABORATIONON FACTORY N Physical PROCURE- TO-PAY S U P P LY V I S I B I C H A L I I N SUPPLY CHAIN INTELLIGENCE T Y TRANSPORTATION Financial SUPPLY CHAIN FINANCE INVENTORY 5 SUPPLY CHAIN INTELLIGENCE SUPPLY CHAIN VISIBILITY SUPPLY COLLABORATION Empowers executives with real-time performance insight across the extended supply chain and allows continuous, KPI-based supply chain improvement. Gives a clear view of inventory and supply chain activity, creating an agile global supply chain. Reduces supply chain variability by sharing demand and supply forecast with customers and suppliers across multiple tiers. PROCURE-TO-PAY Allows for collaboration, visibility, and transaction automation between trading partners. It increases agility, reduces costs, and minimizes risk. SUPPLY CHAIN FINANCE Enables buyers and their suppliers to free up working capital, reduce risk, and increase order fulfillment capacity through order and invoice financing programs. FACTORY Establishes visibility into outsourced production and improves factory compliance to increase supply certainty and enable advanced product flow directly from source to end-customer. TRANSPORTATION Reduces transportation cost and increases delivery reliability through collaboration across all modes and providers. INVENTORY Matches supply to demand by dynamically allocating inventory to where it s needed the most.
6 More THAN JUST Software Applications A Different Kind of Platform chain success is dependent upon inter-company collaboration across business networks that span the globe. Traditional tools are insufficient. An entirely new technology approach is required. One that harnesses the power of the Internet to connect and communicate across company boundaries quickly. One that can model complex business relationships and commerce rules among trading companies and their service providers. THE PLATFORM At GT Nexus we combined three critical and inter-locking technology components into a single unified cloud platform. 6 COMMUNITY A robust global community of companies, including category leaders from every major industry vertical APPLICATIONS A suite of business applications that fuse financial and physical supply chain processes CLOUD PLATFORM A network platform that models the relationships between companies and electronically connects partner systems The Community No technology platform, by itself, is enough to deliver breakthrough results. A platform also needs a community. It s taken GT Nexus over a decade to reach a network density of logistics service providers, suppliers, trading partners and financial institutions that can radically change the economics of enabling an electronic trading community. Thousands of companies, including category leaders in every major vertical, are on GT Nexus today. Collectively, the community manages more than $100 billion worth of goods on the platform each year. GT Nexus Corporate Overview
7 THE Leaders Here ARE ALREADY GT Nexus in Action Some of the biggest and most respected companies in the world are on GT Nexus, gaining competitive advantage, increasing efficiency and maximizing profit. CASE STUDIES Hundreds of supply chain networks on a single cloud supply chain platform. A $28 billion chemical company procures and manages all of its global transportation services on GT Nexus to achieve optimal price/service balance. A $6 billion mass retailer established a procureto-pay cloud, supporting import visibility documentation and payment across its network of over 700 suppliers. 7 A $70 billion pharmaceutical company established a logistics control tower to track inventory and payments across more than 2500 transport lanes. A $50 billion manufacturer removed 3 days of inventory through better visibility and control of inbound and outbound supply chain flows. A $31 billion retailer launched an electronic trade document exchange mart on GT Nexus. A $48 billion consumer products company reduced international freight costs by $12 million by centralizing transportation management across its global business units and carrier community. A $24 billion athletic footwear provider created a touchless payment process and captures invoice discounts in exchange for early payments to suppliers.
8 Hamburg Oakland (HQ) New York Hong Kong Bangalore Colombo Shenzhen Taipei Ho Chi Minh City Infor builds beautiful business applications with last mile functionality and scientific insights for select industries delivered as a cloud service. With 13,000 employees and customers in more than 200 countries and territories, Infor automates critical processes for industries including healthcare, manufacturing, fashion, wholesale distribution, hospitality, retail, and public sector. Infor software helps eliminate the need for costly customization through embedded deep industry domain expertise. Headquartered in New York City, Infor is also home to one of the largest creative agencies in Manhattan, Hook & Loop, focused on delivering a user experience that is fun and engaging. Infor deploys its applications primarily on the Amazon Web Services cloud and open source platforms. To learn more about Infor, please visit GT Nexus, an Infor company. All rights reserved
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