SupplyOn Celebrates Gartner Magic Quadrant Recognition
21st November 2018
SupplyOn, which describes itself as the Industry 4.0 Ecosystem for automotive, aerospace, railway and engineering, has been positioned in the Leaders quadrant of Gartner´s new Magic Quadrant “Multi-Enterprise Supply Chain Business Networks”. Gartner Magic Quadrants evaluate companies on two criteria: completeness of vision and the ability to execute.
According to Gartner, “Multi-enterprise supply chain business networks are an occurrence of MEBAs. They combine both a network of trading partners together with application functions that can be used to support supply chain processes that span enterprise and organizational boundaries. Such networks are predominantly owned and managed by third-party software vendors, and provide their community of buyers, sellers and partners with multienterprise functionality, services and security with special emphasis on supply chain execution. MESCBNs drive interoperability among participating partners to improve business outcomes with shared value generation.”
Multi-Partner digital ecosystems are becoming the pre-eminent form of collaboration to support new digital business models. Supply chain executives must develop a proactive strategy for engaging their business ecosystems and select the right mix of business processes and technology.
“Our globalized future is all about networks and ecosystems. Only those who collaborate efficiently with all their partners will thrive. With supply chains becoming a key driving force for innovation, customer centricity and cost efficiency, this is more than ever the case”, said Markus Quicken, CEO of SupplyOn. “We believe the recognition as a Leader in the new Magic Quadrant will help us to expand our market position even further. We also believe this highlights our targeted innovation portfolio, which has been broadened in line with the new Magic Quadrant”.
SupplyOn offers not only all relevant managing tools for Supplier Collaboration, including Supplier Management, Procurement, Source-to-Contract, Procure-to-Pay, Supply Chain Analytics and Monitoring as well as Quality and Transport Management in an end-to-end suite, but also integrates innovative use cases and products based on AI and Machine Learning. One of our latest innovations in this space is “Production-2-Supply” which eliminates blind spots by giving in-depth insights into supplier’s production, thereby reducing inventories, lowering risks and saving costs.