Enterprise Apps Unpacked

Informa TechTarget

What separates successful enterprise technology implementations from costly failures? Here on Enterprise Apps Unpacked, we’ll do a deep dive into strategies that actually deliver results. Every other Monday, veteran IT journalist David Essex interviews corporate leaders, industry experts and vendors—the people who are truly in the know—about important developments in ERP, HR and supply chain systems and the other applications that run the business. For business and IT leaders, these conversations cut through the chatter to help them make smart decisions about how they buy, deploy and use enterprise software.

  1. 3 DAYS AGO

    Direct materials sourcing technology a hub for manufacturers

    Direct materials sourcing is a critical process in product design, engineering and manufacturing. That was never more apparent in 2017 when Tesla began to ship the Model 3, its first electric vehicle meant to be affordable for middle-income buyers. The company had set two ambitious and unprecedented goals: building an EV for a base price of $35,000 and completing the development cycle in three years, half the typical turnaround in the automotive industry. The compressed timeline put tremendous pressure on employees to source quality parts economically and on time while keeping up with the tight design and production schedules. But Tesla was working at a disadvantage. Much of its sourcing and procurement was still done manually, and an IT gap existed between the product lifecycle management system, where engineering and design were managed, and the ERP. In this episode, we explore the impact inefficient procurement can have on profit margins, how a direct materials sourcing platform can close the technology gap for manufacturers, and the role played by AI. Featuring: Spencer Penn, Co-founder and CEO, LightSource    In today's episode, we'll also cover: Why mastering the bill of materials is so important in sourcing's financial impact. How LightSource works, who uses it and where it fits in the product lifecycle. Lessons learned from Penn's experiences managing engineering finance at Tesla. References: LightSource on procurement's overreliance on email and spreadsheets Tesla misses Q3 goals due to "production bottlenecks" Automotive supply chains can benefit from sourcing alliances: Here's why. To learn more about enterprise applications, check out Search ERP.

    38 min
  2. 26 JAN

    AI-driven embedded lending emerges as digital finance option

    Artificial intelligence is starting to transform buy-now, pay-later options and other types of embedded lending by taking over many of the steps of credit approval. It can speed up the information processing, analysis and decision-making of online lending, improve its accuracy and profitability, and ultimately make credit available to more consumers and businesses. But AI lending also carries the risk of bias against minority groups, and borrowers and lenders must feel they can trust the AI to make fair, fiscally sound decisions. Many banks already have digital infrastructure for online lending and use it to offer loans on websites and retail payment terminals, but they're reluctant to add AI until the regulatory and risk management issues are resolved.      In this episode, we explore how embedded lending platforms work, who uses them, and the benefits and challenges of automating the lending process with AI. Featuring: Yaacov Martin, Co-founder and CEO, The Jifiti Group    In today's episode, we'll also cover: Jifiti's digital lending platform. Why embedded lending might be of interest to non-bank enterprises. The future of digital finance.   References: Injenico, Jifiti partner to offer payment options Digital payments to exceed $33.5 trillion by 2030: report Yaacov Martin article on bank readiness for AI lending Academic study on the rise of digital finance To learn more about enterprise applications, check out Search ERP.

    41 min

About

What separates successful enterprise technology implementations from costly failures? Here on Enterprise Apps Unpacked, we’ll do a deep dive into strategies that actually deliver results. Every other Monday, veteran IT journalist David Essex interviews corporate leaders, industry experts and vendors—the people who are truly in the know—about important developments in ERP, HR and supply chain systems and the other applications that run the business. For business and IT leaders, these conversations cut through the chatter to help them make smart decisions about how they buy, deploy and use enterprise software.