Supply Chain World - Volume 7, Issue 3 - 27

SURGERE

BY SARAH TRESCOTT

Digital Fuel
Is your supply chain giving you a competitive advantage? If not,
Surgere has a solution.
Annually, the automotive industry alone loses billions of dollars due to
supply chain mismanagement.
For most, the deficit is credited to losing
between 16 and 18 percent of reusable
packaging assets.
The multi-billion-dollar problem in
the automotive industry is indicative of
an issue with the current state of supply
chain management across all industries.
Simply stated - the status quo of supply
chain management has been outgrown.
To further this, for most, even the status quo of digitalization hasn't been up
to par. A McKinsey Digital report cites
that five out of six of the world's largest
companies adopting IoT solutions
aren't seeing any kind of significant ROI.
Consider this - 92 percent of businesses believe that high-quality data is
the fuel for digital transformation, but
only 15 percent of businesses utilizing
digital solutions report that the data they
receive is actually clean and trustworthy.
Three out of four businesses say that
poor quality data has made it challenging
to achieve their digital transformation
plans. Simply put, the time spent finding
information and redoing data analysis
is a huge drag on productivity for those
trying to digitalize their supply chain.
IDC estimates searching for data
can cost a company 2.5 hours per each
person's daily activities involving supply
chain management. This effectively
diminishes a company's ROI, efficiency
and competitive advantage.
Despite these troubling statistics, 81
percent of survey takers at companies
with supply chains believe that AI will

transform the supply chain in the next
10 years and 79 percent believe AI will
become a core competency within
three years.
The top drivers for AI adoption in the
supply chain remain the same: improving efficiency, cost reduction and revenue increase, but these cannot occur
without trustworthy data.

Surgere's Competitive
Advantage - Trustworthy Data
Surgere customizes unique solutions for supply chains utilizing
sensor-based science - in conjunction with its proprietary cloud-based
solution - that delivers unprecedented
visibility, data and ROI, while providing 99.9 percent accuracy.
Bill Wappler, Surgere's CEO, said, "Our
customers rely on us to be efficient, precise and trustworthy...To us, 'innovation'
is about thinking scientifically as well as
creatively, extending the confines of the
technology that exists today."
Surgere is the developer of the
web-based community AutoSphere,
which was specifically designed to link
automotive OEMs with their Tier 1
suppliers. AutoSphere allows automotive supply-chain partners to engage in
the same set of activities while drawing
on a common database and has provided
many automotive solutions for companies like Honda of America.
Relevant data provided by Surgere can pinpoint - with 99.9 percent

accuracy - when a supplier has loaded
a truck, what's on the vehicle, where it's
going, when it arrives at the distribution
center, and when the OEM accepted
receipt. Surgere's system also allows for
close tracking of empty containers when
they're returned to the supplier.
Technological advancements are an
integral part of what makes Surgere's
solutions so innovative and effective
compared to others. Blockchain - as
a disruptive technology - enhances
Surgere's ability to identify and track
transactions digitally and share that information through distributed ledgers.
"Blockchain enables instant visibility of inventory through transactions,
which can be immediately and collectively processed throughout the supply
chain," says Rusty Coleman, Surgere's
VP of Digital Transformation.
"Supply chain professionals know it's
important to reduce lead-time and inventory," says Coleman. "That increases cash
flow, improves efficiency and provides
timely available to promise. Blockchain
is a tool that should be leveraged to give
access to instant and transparent information. Blockchain is the new payback
tool to explore and exploit."
Accessible data can remove artificially
created demand patterns and make visible
smooth and continuous demand for Tiers
near real-time. Harnessing that visibility
and creating new rules within ERP can
lead to operations efficiencies and reduce
lead-time across the supply chain.
Those organizations seeking a digital
supply chain solution and the desire to
step into technological advancements,
like Blockchain, will experience the
fulfillment of ROI, trustworthy data and
efficiency with Surgere.

Sarah Trescott is a marketing manager at Surgere.

VOLUME 7, ISSUE 3 Supply Chain World

https://www.mckinsey.com/business-functions/digital-mckinsey/our-insights/what-separates-leaders-from-laggards-in-the-internet-of-things https://surgere.com/autosphere/

Supply Chain World - Volume 7, Issue 3

Table of Contents for the Digital Edition of Supply Chain World - Volume 7, Issue 3