Jabil recognized for interactive tools, analytics, and real-time process visualization that reduce the complexity and costs of managing global supply chains.
Jabil has received the Supply Chainnovator award for its proprietary supply chain visualization and analytics platform, Jabil InControl™. The distinction was granted by the renowned analyst firm Gartner during the annual Gartner Supply Chain Executive Conference. Jabil outperformed competitors in the new technology manufacturer category by demonstrating the transformation of its global supply chain supported by unconventional and innovative solutions with a significant impact on company operations.
The Jabil InControl™ platform was developed from the ground up to track and analyze the company’s global supply chain in real-time, covering 17,000 suppliers, 700,000 part numbers, and 102 manufacturing facilities in 28 countries. The platform enables predictive modeling and custom mobile visualizations to improve collaboration between teams. At the same time, it facilitates and accelerates decision-making to prevent risks or create new opportunities within the supply chain. The platform’s operation has allowed Jabil to reduce inventory by over 300 million USD within a few years while simultaneously improving customer service levels by over 20 percent.
– The Jabil InControl™ platform creates a comprehensive view of material flows for supply chain participants and customers worldwide, from the component manufacturing stage to the delivery of finished products – says Virginia Howard, Research Director at Gartner Supply Chain Research. – As a pioneer in using innovative solutions for supply chain monitoring and intelligent analytics, Jabil is making huge progress in optimizing working capital, including at the supply chain automation stage.
Jabil’s customers, including many global brands and high-tech manufacturers, leverage the company’s capabilities for collaborative decision-making and proactive prevention of supply chain disruptions. The Jabil InControl™ platform also allows customers to optimize production and distribution processes to maximize product cost reduction.
– Globalization, shorter product life cycles, competition, difficult economic times, and geopolitical threats make relying on a traditional supply chain extremely difficult – says Don Hnatyshin, Senior Vice President and Chief Supply Chain Officer at Jabil. – The Gartner award is a recognition of our efforts in developing an intelligent supply chain supported by the Jabil InControl™ platform.
The Jabil InControl™ platform was selected from over 15 supply chain management solutions. Jabil plans to further develop the platform in the areas of machine learning, cognitive analytics, and event processing to support the development of the piloted supply chain of the future.