Supply Chain visibility and risk relief were among the several key
issues examined at IBM’s recently-staged “Smarter Commerce Summit” in
Orlando, Florida.
With our acquisition of Emptoris last December, shippers are gaining a
larger measure of security said John
Mesberg, Vice President, B2B and Commerce, the acquisition of
Emptoris Inc.
gave IBM additional strengths associated with a leading provider of
cloud and on-premise analytics software. Mesberg said this “virtual
supply chain management tool” is becoming more refined as shippers
embrace the technology.
“We are always trying to strip out the complexity in the process,” he said.
Richard Douglass, Director Industry Marketing, Smarter Commerce,
added that smarter commerce is helping shippers “sell on the water”
during peak season, so that they can keep their inventories lean.
“It represents a breakthrough in distribution integration and
inventory optimization,” he said. “All this is a process to control risk
and save our customers money.”
Messberg said that Smarter Commerce is a growing market opportunity in
excess of $20 billion per year in software alone that centers on the
customer experience.
“In five years, intelligent-guided marketing and selling will routinely
put the ultimate control in the hands of customers,” he added.
Finally, IBM predicts three trends will contribute to the evolution of Smarter Commerce:
* Everything will be Data Driven: Stemming from buying behavior,
social media interactions, and advanced analytics—essentially the
application of Big Data, customers will project what they are in the
market for instead of settling for what’s available on the shelf.
*Businesses Go Mobile First as Devices Proliferate and Channels
Merge: Businesses will primarily design applications and processes for
mobile deployment instead of PCs as individuals center their lives
around smart phones and device use explodes exponentially.
*Cloud Computing will Lead Businesses to New Markets: Established
companies will deploy a hybrid cloud model for rapid expansion to new
markets while newer players will use the cloud in a virtual inventory
model to start up quickly and cost-effectively compete against larger
competitors.