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Josef Ressel Center for Real-Time Network Visibility

JRC LIVE in Top 3 Research Innovations in Upper Austria

We are happy that JRC LIVE is top of Upper Austrian research innovations. Our monitoring tool for (near) real-time visibility in supply chain networks was ranked 3rd in the magazin Chefinfo (Das Magazin für Führungskräfte).

JRC LIVE is part of the Austrian Governments' SYRI Project

In order to support Austria in overcoming supply bottlenecks in the crisis in a timely manner, the Josef Ressel Center LIVE is represented in the COVID crisis team of the Federal Government.

End-to-end supply chain visibility software is top on a manager's shopping list

Companies and their supply chains are going through challenging times. To address these challenges and improve the delivery of the customer demands companies are investing in different types of supply chain software. End-to-end supply chain visibility software is ranked first by survey respondents to be implemented within the next 12 months.

Coronavirus is a Wake-Up Call for Supply Chain Management

  • "[...] procurement teams struggle to cope with the COVID-19 global pandemic"
  • "[...] their response to the disruption has been reactive and uncoordinated"
  • "Seventy percent of 300 [...] were still in data collection and assessment mode, manually trying to identify which of their suppliers had a site in the specific locked-down regions of China."

The digital disconnect (CSCMP's Supply Chain Quarterly)

How far along are you on adopting digital technology into your supply chain? Survey results show the C-suite has a very different answer to that question than operational leaders. This misalignment can cause many issues for organizations from frustrations due to differing views of reality, unrealistic expectations, and misallocation of resources.

Risk, Resilience, and Rebalancing in global Value Chains by McKinsey Global Institute

Global production networks often contain hidden vulnerabilities. In a world where hazards are occurring more frequently and causing greater damage, companies and policy makers alike are reconsidering how to make global value chains more resilient. The focus of the MGI report is to better understand the risks and resilience of supply chains.

BVL study identifies transparency in supply chains as top company trend

COVID-19: Why real-time visibility is a game changer for supply chains

  • "Visibility also helps leading companies reduce risks and costs throughout the supply chain. These companies can conduct scenario planning on how disruption will affect their suppliers – all the way through “tier N” suppliers (suppliers’ suppliers) – and proactively determine alternative sources and cost-effective approaches."
  • "The automotive industry provides a good example of businesses that have a critical need for tier N supplier visibility."
  • "Control tower is the next iteration or generation of analytics for visibility."
  • "A particularly relevant need for enterprises today involves the ability to monitor and respond to external events. [...] For retailers or logistics companies focused on time-sensitive delivery, local monitoring of traffic, delays and road closures might be more critical."
  • "Advanced supply chain visibility capabilities can also help enterprises respond to disruption."

What's new in the world of control towers?

Regaining supply chain sovereignty
LinkedIn
govisible.org
Acknowledgements: The financial support by the Austrian Federal Ministry for Digital and Economic Affairs and the National Foundation for Research, Technology and Development is gratefully acknolwedged.

Copyright © 2020 FH OÖ F&E GmbH - JRC LIVE, All rights reserved.


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