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To optimize your supply chain management, no doubt you have invested heavily in information technologies over the past decades.
Since in all likelihood your competitors are also running similar programs, what can you do to get back in the lead? Musicians have long known that first rate results are likely if they perform from the same score and play their part to the best of their ability, while carefully listening to each other. Similarly, new media communication technologies can promote goal congruence, align incentives, allow everyone to share knowledge and synchronize decisions to improve final results. Among those who have adopted social media to enhance business processes, GE stands out for the sheer scope of integration it has achieved. Description: GE is such a large and diversified company that it defies succinct portrayals. The integration of this social information technology reduced clerical effort by 30% and saved the company $150,000 per year. GE has also piloted an internal social media media project, an initiative brought about by Ron Utterbeck, CIO for GE Corporate and the Advanced Manufacturing Software Technology Center in Michigan. GE Colab began with an introduction to “power users” as a way to speed word of mouth around the enterprise and encourage early high levels of activity. Harnessing brains, yes, but also fostering good relationships, two good reasons for GE and most any other business to turn to social media for supply chain management.

These initiatives are only the tip of the iceberg, GE produces videos and podcasts and engages in several other social media activities. Please feel free to submit your comments on this post or on the use of social media to manage the supply chain in your industry. Social media can provide information not available through traditional channels, such as early awareness of potential problems, which allows businesses to intervene. A well-connected supply chain increases efficiency and effectiveness through keeping all interested parties aware of progress, changes and problems.
Integrated systems and connectivity across the supply chain can save significant time and money. The use of social media connects people more closely, which increases trust, a key factor in developing collaborative communities and good business relationships. If you have concerns as to the accuracy of anything posted on this site please send your concerns to Peter Carr, Programme Director. This entry was posted in Supply Chain Management and tagged business process improvement, GE, GE Colab, GE Energy, GE Transportation, General Electric, Helene Montpetit, Industrial Internet Predictivity technologies, Jeff Ashcroft, new media communication technologies, Peter Carr, production stages, RailConnect360, Ron Utterbeck, SCI Group, social media, Supply Chain Management, tracing, tracking, University of Waterloo. By now, you probably have an exact picture of your inventory, can track components, can follow your product through each stage of production and are aware of incoming orders. Take a few minutes to listen to Jeff Ashcroft, supply chain and social media industry thought leader, as he discusses how social media has improved his supply chain management. In other words, by keeping everyone informed of the flow at all times, a well connected supply chain can help you and your suppliers make beautiful music together.

Here is a quick look at some of the initiatives the company has carried out over the past few years. Their Transportation Division in Mexico repairs and modernizes diesel-electric railroad locomotives, which are then put back into service across Canada and the Americas. Fines and penalties were reduced by a whopping $2,000,000 in the first year at the first two sites installed. The network, which is called GE Colab, links together 115,000 GE employees across the world and is said to attract about 1,000 new users every few days. As use spread throughout the organization, the network helped people of all job levels, countries and generations connect and communicate. She describes herself as a clarity junkie, curious about life, lifestyles, changes, worlds, universes and the state of becoming. RailConnect 360, is a connected suite of customizable software solutions created by the company to help solve the industry’s most pressing problems.

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