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May 22, 2013 /PRNewswire/ -- IBM (NYSE:
today announced a four-year contract with CEVA Logistics to accelerate business delivery results for its customers through a new cloud-based information exchange for its supply network. This solution is a combination of CEVA's technology and an element of IBM's growing SmartCloud portfolio for specific lines of business such as supply chain.
By improving the quality of information shared across its customers' supply chain networks, CEVA speeds material and information flow to reduce costs and improve customer service. CEVA estimates the IBM and CEVA solution will help the company reduce IT-related supply chain costs by upwards of five percent over the course of the four-year contract, resulting in potentially several million dollars in savings that can be directed toward developing new supply chain offerings for customers.
CEVA is a global supply chain management company serving industry leaders in the automotive, consumer, retail, healthcare, pharmaceutical, industrial, and technology sectors. Through its Smarter Commerce initiative, IBM is helping CEVA streamline its customers' supply chain and logistics processes with technologies that makes it easier to access, share, and process information in real time.
Built on IBM's leading cloud B2B integration service and the company's CEVA Matrix Connect, the new cloud service delivers a competitive advantage for CEVA's customers by enabling them to quickly and efficiently respond to market and customer changes. Benefits include:
Reduction in operational and development costs
Easy migration of existing business-to-business (B2B) activity to new cloud solution
Rapid customer onboarding to accommodate growth trends
Ability to rapidly scale at predetermined costs as business and volumes increase
CEVA takes a lean approach to helping its customers adjust to changes in demand across their supply chain networks. To start, IBM's integration services enable CEVA to onboard new customers quickly. Then, the flexibility of a cloud service helps CEVA adjust to changes in supply and demand quickly. For example, if there is a disruption in the supply chain, such as a natural disaster, it can set up new trade lanes to avoid the affected region. Or, if there's demand for a new part, for example a new type of memory chip for a smart phone or tablet computing device, the company can change to a different factory or supplier to deliver that new part quicker.