MOUNTAIN VIEW, Calif., Nov. 4, 2015 /PRNewswire/ -- Today, Elementum, the company behind the world's Product Graph, announced the newest feature in their effort to speed up the global supply chain: Issue Management—a cross-functional tool to break down silos and build company-wide visibility. The latest offering brings the agility of startups to global corporations that often find themselves burdened by their size and scale (register for live demo).
Finally, your size is your strength.
For a global industry that moves the $25 Trillion product economy, supply chains are surprisingly isolated from...well, everything. When potential problems arise, the professionals on the front lines of solving them are faced with poor information and disjointed communications—scattered across emails, phone calls, and a multitude of conflicting documents. No transparency. No collective knowledge. No peace of mind.
Elementum's Issue Management changes that.
With this capability, relevant, real-time information flows to those closest to the problem—unlocking the collective capabilities of the entire organization. This speeds mitigation and improves visibility, saving time and a whole lot of money.
"The only thing worse than having issues, is not knowing you have them. Issue Management unlocks the free-flow of information, so teams can self-assemble and collaborate to solve problems and take advantage of opportunities."
-Nader Mikhail, Founder & CEO, Elementum
Break down to build up.
Issue Management combats traditional organizational hierarchies by breaking down the outdated notion of 'need to know'. Because no one can predict who needs to know what information ahead of time, Issue Management allows users to follow what's important to them—whether that's a product, supplier, shipment, or other supply chain element. That way, when issues pop up, the response team can quickly self-organize to align resources with expertise and drive issues to resolution, while executives oversee status and financial impact in order to prioritize action across issues. This transparency results in a system that eliminates the usual lag between incident and action, giving you a first-mover advantage in securing alternate supply or transportation resources before prices skyrocket.
"Speed is what wins in supply chain. Cross-functional issue management has been key to our ability to increase velocity and safely take days out of our supply chain."
- Tom Linton, Chief Procurement & Supply Chain Officer, Flex
See it in action.
Those interested in learning more can register for a live demo on Thursday, December 3rd by clicking here.
Elementum makes supply chain simple. How? With intuitive, mobile-first apps to help companies streamline procurement, logistics, and manufacturing operations. Powered by the world's Product Graph, Elementum provides a full picture of the global product economy for smarter, more proactive supply chains. Customers get actionable insights and early warning signals to assign, collaborate on, and resolve issues—wherever, whenever. Elementum's customers span the automotive, healthcare, industrial, and technology sectors. For more information, visit www.elementum.com.