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What Happens when Technology Meets Transparency?

 
technology

One of the not-so-simple problems that plague global supply chains is transparency. Thanks to tracking sensors, mobile phones and cloud software platforms, companies have the tools to increase transparency, operational efficiency, and product traceability. By adapting technology, companies are able to better identify sources of raw materials, increase accountability, and evaluate individual suppliers.

As consumers and regulators begin to take active interest in the supply chain, technology has become more important in promoting transparency. Dangerous factories, blood diamonds, conflict minerals and other overseas ills have contributed to the globalization of manufacturing. In addition, extreme weather is an emerging force that increases the risk of downtime in the supply chain.

While there are matters that prove technology as effective, many of them are still questioned by some. Many companies have sustainability problem areas and they believe that it will take a long time before technology can solve them. In response, startups focus on the aspects of managing a supply chain rather than going beyond tracking technologies. Evidently, their budgets were not as high as their sustainability reports.

As technology evolves, it has become helpful in identifying areas for intervention. Companies now have huge leverage in terms of driving supply chain improvements. Since most users are using Smartphones, companies can use this to access data that capture what workers think about suppliers. In short, technology can be a great way to analyze specific risks in the supply chain, including safety and security.

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Charlie Alsmiller

Throughout his career, Charlie Alsmiller has focused on customer problems in difficult industries such as Energy and Telecommunications. Prior to starting Appterra in 2005, Alsmiller was VP of Global Operations for Allegro Development, a leading provider of software for the energy sector. He has also served as president of OmniSpace Technologies, a leading SaaS provider that he founded in 1999. He spent over 10 years in the consulting world with Price Waterhouse and Deloitte Consulting, where he participated in a wide variety of projects for very high profile clients. Mr. Alsmiller holds a BBA from Baylor University in Management and Information Systems and a MBA from the University of Dallas in International Business. Specialties: Technology ventures, Enterprise Software, Contract Negotiation, International Operations, Private Equity, Product Management, Strategic Alliances, Software Implementation, Software Development

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