Frost & Sullivan: Innovations in Information and Communication Technologies Assist Rise of Collaborative Supply Chains

Frost & Sullivan: Innovations inFrost & Sullivan: Innovations in Information and Communication Technologies Assist Rise of Collaborative Supply Chains PR Newswire MOUNTAIN VIEW, California, Dec. 18, 2013 -- Security concerns for data sharing remain a challenge Collaboration is an essential tool to maintain a transparent, bi-directional channel of communication between stakeholders in a supply chain. This connected and centralized collaborative supply chain provides a singular view of goods and services, strengthens the supplier-buyer relationship through value enhancement, and increases productivity – all of which warrants capitalization on innovations in the information and communication technologies (ICT) domain. Therefore, the development of technologies and platforms for communication and data capture in the supply chain are major focus areas for ICT developers, according to Frost & Sullivan's analysis, ICT Innovations Enabling Collaborative Supply Chains. Applications geared towards logistics and transport management are also garnering interest, along with analytical and forecasting solutions for social behavior tracking, carbon emission tracking, and reverse logistics. For more information on this research, please email Britni Myers, Corporate Communications, at britni.myers@frost.com.