Know The Ways To Modernizing The Supply Chain _ Sirius Solution
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<strong>Modernizing</strong><br />
<strong>The</strong> <strong>Supply</strong><br />
<strong>Chain</strong><br />
Emerging Technology is great…but most of us<br />
are still working on the basics<br />
https://www.sirsol.com
Emerging Technology<br />
Emerging technology in the modern supply chain is getting a<br />
lot of attention and for good reason. <strong>The</strong>se emerging<br />
technologies have the ability to completely change how we<br />
interact with our customers and our suppliers.<br />
In the same survey of CPOs, it became clear that Procurement<br />
Leaders were also evaluating how emerging technologies could<br />
help address gaps in their existing technologies. As much as<br />
80% of the respondents indicated that they were currently<br />
evaluating emerging technologies.
A Fragmented Source-to-Pay<br />
Technology Landscape<br />
<strong>The</strong> technology landscape for sourcing and procurement<br />
platforms is a highly fragmented market which can make<br />
software selection complicated. Often, the specialty SaaS<br />
solutions come at a fraction of the cost of the traditional<br />
ERP solutions.<br />
Key <strong>To</strong> A Successful Technology<br />
Implementation<br />
Change Management: Change management is key<br />
to ensuring stakeholder alignment and user<br />
adoption and it requires a reasonable investment<br />
beyond the investment in the technology.<br />
Master Data: he time and effort involved in Master<br />
Data cleanup and conversion is often underestimated,<br />
but it is critical to ensuring that your technology works<br />
the way you designed it to.<br />
IT Involvement / Alignment: Increasingly, software<br />
implementations (particularly SaaS) are being led by<br />
the business. However, IT involvement and alignment<br />
is critical to overcoming potential roadblocks.<br />
For more information visit,<br />
https://www.sirsol.com