Preparing Your Business for the Digital Economy: Are You Ready?

by Jeff Yoders on NOVEMBER 9, 2016

Have you brought your metals suppliers into the digital economy? Would you like to?

Tracking shipments, confirming delivery schedules and knowing when rail, ship or road bottlenecks are affecting your materials supply chain can give you the time and cost certainty you need to run your business more efficiently.

Are your suppliers part of a proprietary supplier network? From an overall digitization perspective, asking suppliers to join a proprietary supplier network in today’s world, especially for the complicated metals supply chain, would be like giving them a model T to get from point A to point B on today’s complicated interstate highway system.

For manufacturers, the metals supply chain can involve international freight, financial risk management, logistics and technical expertise. Yet many suppliers still aren’t optimizing the technologies to track, hedge, ship and manage your metals purchases that are available today.

What does readying your suppliers for the digital economy really require? Join Jason Busch from Spend Matters and Marco De Vries, Senior Director, OpenText Business Network, as they discuss and debate the topic. They’ll explore a range of topics and their impact on procurement and supply chain transformation: The Internet of Things (IoT), peer-to-peer, the sharing economy, AI/machine learning, platform business models, social collaboration, blockchain and more.