ARMONK, N.Y., June 19, 2019 /PRNewswire/ -- IBM (NYSE:
IBM) today announced the National Association of Manufacturers, the
largest manufacturing association in the U.S., has bestowed IBM's
Supply Chain organization with five Manufacturing Leadership 100
Awards at the 2019 Manufacturing Leadership Summit. The
accolades recognize IBM's global supply chain
transformation using disruptive technologies including AI,
blockchain, and IoT to deliver a competitive advantage with
improved end-to-end supply chain security.
The winning nominations demonstrate IBM's ability to transform
data into actionable insights, gaining efficiencies managing the
overall value chain to maximize customer value, while embracing new
design and production approaches to drive innovative process
improvements. IBM's Supply Chain organization won awards in the
following categories:
- Artificial Intelligence and Advanced Analytics
Leadership – IBM's Supply Chain organization developed an
augmented intelligence solution to help its supply chain workforce
make better decisions by quickly understanding potential
disruptions, while advising on expected impacts and optimal
corrective actions. The solution currently covers Inventory, Demand
and Supply Planning, Supply Assurance, Logistics, Order Management,
and Manufacturing domains that can retrieve data from both
internally and externally for IBM. This delivered unprecedented
levels of transparency via data integration and visualization,
which has achieved 3x ROI with current projections for 2019.
- Supply Chain Leadership – IBM focused on increasing
product lifecycle traceability by infusing blockchain into its
complex global supply chain, while also achieving improvements on
cost avoidance for parts provenance. By equipping each inbound and
outbound shipment asset with an IoT enabled tracking device to
provide near-real-time visibility of assets, IBM's supply chain can
predict each asset's behavior to reduce the risk or loss or damage
liability.
- Engineering and Production Technology Leadership –
IBM Systems Hardware Design for Excellence Process received a "High
Achiever" category-winning award for the significant and sustained
contributions with 4x ROI annually. By dramatically improving the
efficiency of hardware design review process IBM minimized costly
design revisions, shortened new product introduction (NPI) times,
and delivers the highest quality products to clients.
- Visionary Leadership – IBM's VP of Supply Chain,
Ron Castro, received the highly
distinguished accolade awarded to leaders who through their ideas,
values, and achievements transformed their organizations and made
important contributions to their industries by challenging
assumptions, while achieving results and empowering others.
- Manufacturing Leader of the Year – This independently
judged program category comprised of a distinguished panel of
expert judges honored IBM's Vice President and Chief Supply Chain
Officer, Ron Castro, for this top
distinction. It recognizes his successful, holistic efforts to
drive adoption of Manufacturing 4.0 technologies across IBM and its
supplier ecosystem, and building the world's first cognitive supply
chain.
"Congratulations to all of the 2019 Manufacturing Leadership
Awards winners," said Manufacturing Leadership Council
Co-Founder, Vice President and Executive Director David R. Brousell. "By embracing new
technologies and bold ideas, these teams and individual leaders are
redefining the meaning of manufacturing excellence and
demonstrating the transformative power of Manufacturing 4.0."
"The transformation underway in the Industry 4.0 era is exposing
the essential need to master the digital supply chain, which is
powered by AI, blockchain, and IoT technologies to help enterprises
increase their competitiveness and improve the customer
experience," added Ron Castro, VP of Supply Chain, IBM. "The
augmentative capabilities of these technologies not only improve
productivity for the supply chain workforce, but increase trust and
transparency in supplier networks to elevate the critical role
supply chains play in today's businesses."
About the Manufacturing Leadership 100 Awards
The
Manufacturing Leadership Awards have acknowledged the leadership of
global manufacturing companies for 15 years. Winning projects
and individual manufacturing leaders have demonstrated achievement
in one of a wide range of categories, and are chosen by a panel
of expert judges for results that have delivered
clear and compelling value, return on investment, and other
tangible outcomes.
About IBM Watson Supply Chain
A world leader in AI
software, services and technology for business, IBM has deployed
Watson solutions in thousands of
engagements with clients across 20 industries and 80 countries. IBM
Watson Supply Chain enables forward thinking supply chain business
professionals to improve business outcomes by providing AI-powered
insights, B2B collaboration and orchestration that mitigates
operational impact and business risk. For more information visit:
https://www.ibm.com/supply-chain
Contacts:
Erik Mason
External Communications – IBM Watson Customer Engagement
erik.mason@ibm.com
508-208-6617
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SOURCE IBM