Every company in the supply chain is being forced to cut costs and improve performance. But, says THABO NDLELA, non-executive director at IFS, these companies can cut their costs and achieve the same delivery performance using Enterprise Operational Intelligence.
Every company in the supply chain is continually being challenged to deliver operations in the most effective and cost-efficient manner. The prospect of cuts to budgets puts greater emphasis on using the supply chain to reduce costs and enhance value.
The good news is that many successful organisations have shown that it is possible to make cost savings of up to 20% while operating a world-class supply chain. With the latest enterprise technology, these organisations have reduced the total purchasing cost of materials, controlled their stock levels, accelerated fulfilment while lowering overhead costs, and optimised their delivery performance.
The route to achieving these goals is Enterprise Operational Intelligence technology, which can make something useful of the wealth of big data from the Internet of Things, enterprise resource planning and other data sources across the supply chain. We can create a real-time map of the entire supply chain and link it to enterprise software to monitor processes via key performance indicators to deliver on strategic goals.
Actionable operational intelligence
You need to have an integrated real-time overview of the business to inform actions that reduce costs and enhance value. Typically, in the past, that sort of actionable intelligence wasn’t available until some predefined point – a two-week, monthly or even yearly report. With real-time access to data, however, you can make decisions that affect current operations rather than the end of the week or even later.
An Enterprise Operational Intelligence platform provides functionality for numerous aspects of the end-to-end operations, including real-time analytics, dynamic forecasting, workflow management, process management, risk and compliance. Raw transactional data from IT systems is consolidated into a single dynamic management layer, providing powerful situation awareness.
On top of that you can build a performance-based logistics (PBL) solution incorporating a number of the following elements:
· Contract for supportability and availability
· Connect processes, performance and risk
· Connect all parties in the supply chain through cockpits
· Connect KPIs, workflows and reports to your strategy
· Align global sourcing strategies
· Eliminate waste within your supply chain
· Implement supply chain performance management techniques
· Achieve transparency of inventory levels
· Measure and manage all costs together
A single version of the truth
Connected management cockpits are designed to deliver one version of the organisational truth. With an integrated environment you can have all the information you need presented in a clear, role-based way. Users can see clear visualisations allowing them to anticipate, control and react to changing demands. It also enables collaboration across the supply chain and other business functions, such as finance, which drives efficiencies.
By connecting your existing IT source systems, you can make changes to processes without making manual, time-consuming costly changes to underlying ERP and other source systems. This ability provides leading organisations with the much-needed agility to deliver at lower cost without affecting capability to enhance the value they provide.
Now download a bank account
Absa has introduced an end-to-end account opening for new customers, through the Absa Banking App, which can be downloaded from the Android and Apple app stores. This follows the launch of the world first ChatBanking on WhatsApp service.
This “download your account” feature enables new customers to Absa, to open a Cheque account, order their card and start transacting on the Absa Banking App, all within minutes, from anywhere and at any time, by downloading it from the App stores.
“Overall, this new capability is not only expected to enhance the customer’s digital experience, but we expect to leverage this in our branches, bringing digital experiences to the branch environment and making it easier for our customers to join and bank with us regardless of where they may be,” says Aupa Monyatsi, Managing Executive for Virtual Channels at Absa Retail & Business Banking.
“With this innovation comes the need to ensure that the security of our customers is at the heart of our digital experience, this is why the digital onboarding experience for this feature includes a high-quality facial matching check with the Department of Home Affairs to verify the customer’s identity, ensuring that we have the most up to date information of our clients. Security is supremely important for us.”
The new version of the Absa Banking App is now available in the Apple and Android App stores, and anyone with a South African ID can become an Absa customer, by following these simple steps:
- Download the Absa App
- Choose the account you would like to open
- Tell us who you are
- To keep you safe, we will verify your cell phone number
- Take a selfie, and we will do facial matching with the Department of Home Affairs to confirm you are who you say you are
- Tell us where you live
- Let us know what you do for a living and your income
- Click Apply.
How we use phones to avoid human contact
A recent study by Kaspersky Lab has found that 75% of people pick up their connected device to avoid conversing with another human being.
Connected devices are becoming essential to keeping people in contact with each other, but for many they are also a much-needed comfort blanket in a variety of social situations when they do not want to interact with others. A recent survey from Kaspersky Lab has confirmed this trend in behaviour after three-quarters of people (75%) admitted they use a device to pretend to be busy when they don’t want to talk to someone else, showing the importance of keeping connected devices protected under all circumstances.
Imagine you’ve arrived at a bar and you’re waiting for your date. The bar is busy, and people are chatting all around you. What do you do now? Strike up a conversation with someone you don’t know? Grab your phone from your pocket or handbag until your date arrives to keep yourself busy? Why talk to humans or even make eye-contact with someone else when you can stare at your connected device instead?
The truth is, our use of devices is making it much easier to avoid small talk or even be polite to those around us, and new Kaspersky Lab research has found that 72% of people use one when they do not know what to do in a social situation. They are also the ‘go-to’ distraction for people even when they aren’t trying to look busy or avoid someone’s eye. 46% of people admit to using a device just to kill time every day and 44% use it as a daily distraction.
In addition to just being a distraction, devices are also a lifeline to those who would rather not talk directly to another person in day-to-day situations, to complete essential tasks. In fact, nearly a third (31%) of people would prefer to carry out tasks such as ordering a taxi or finding directions to where they need to go via a website and an app, because they find it an easier experience than speaking with another person.
Whether they are helping us avoid direct contact or filling a void in our daily lives, our constant reliance on devices has become a cause for panic when they become unusable. A third (34%) of people worry that they will not be able to entertain themselves if they cannot access a connected device. 12% are even concerned that they won’t be able to pretend to be busy if their device is out of action.
Dmitry Aleshin, VP for Product Marketing, Kaspersky Lab said, “The reliance on connected devices is impacting us in more ways than we could have ever expected. There is no doubt that being connected gives us the freedom to make modern life easier, but devices are also vital to help people get through different and difficult social situations. No matter what your ‘connection crutch’ is, it is essential to make sure your device is online and available when you need it most.”
To ensure your device lifeline is always there and in top health – no matter what the reason or situation – Kaspersky Security Cloud keeps your connection safe and secure:
· I want to use my device while waiting for a friend – is it secure to access the bar’s Wi-Fi?
With Kaspersky Security Cloud, devices are protected against network threats, even if the user needs to use insecure public Wi-Fi hotspots. This is done through transferring data via an encrypted channel to ensure personal data safety, so users’ devices are protected on any connection.
· Oh no! I’m bored but my phone’s battery is getting low – what am I going to do?
Users can track their battery level thanks to a countdown of how many minutes are left until their device shuts down in the Kaspersky Security Cloud interface. There is also a wide-range of portable power supplies available to keep device batteries charged while on-the-go.
· I’ve lost my phone! How will I keep myself entertained now?
Should the unthinkable happen and you lose or have your phone stolen, Kaspersky Security Cloud can track and protect your device from data breaches, for complete peace of mind. Remote lock and locate features ensure your device remains secure until you are reunited.