SaaS for SIM: On-demand supplier information management gains ground
Aravo Solutions , a specialist in on-demand supplier information management (SIM) solutions, reports quadrupled company revenue over the last 12 months. Aravo says new research confirms Software-as-a-Service (SaaS)-based supply chain management solutions are gaining wider acceptance among global enterprises, underscoring the vendor's recent growth.
The Aravo SIM 10 platform mitigates risk, manages sustainability programs, and improves overall supplier relationship management processes. It transforms the management of supplier information into a key strategic asset by providing an easy-to-use platform that cuts across organizational boundaries and provides a single unified view of supplier information to internal users, suppliers, and third-parties service providers.
"Aravo is well positioned to satisfy the growing demand from global organizations for centralized, on-demand solutions that deliver the speed, visibility, and scalability needed effectively manage their supply chains" says Tim Albinson, CEO of Aravo. "At the end of the day the SIM market is all about improving control, reducing risk, and delivering measurable savings to the bottom line. Aravo was developed to meet this need."
Annual Salary Survey
After almost a decade of uncertainty, the confidence of plant floor managers is soaring. Even with a number of challenges and while implementing new technologies, there is a renewed sense of optimism among plant managers about their business and their future.
The respondents to the 2014 Plant Engineering Salary Survey come from throughout the U.S. and serve a variety of industries, but they are uniform in their optimism about manufacturing. This year’s survey found 79% consider manufacturing a secure career. That’s up from 75% in 2013 and significantly higher than the 63% figure when Plant Engineering first started asking that question a decade ago.