IBM, Viacore, Supply Chain, BPO, BTO
IBM acquires supply-chain vendor Viacore
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IBM today announced that it will strengthen its Business Transformation Outsourcing (BTO) capabilities in the $23.5 billion market for supply chain optimization and management services through the acquisition of Viacore, Inc., a leading provider of business process integration solutions for real-time supply chain visibility. Financial terms of the acquisition were not disclosed.
Last year IBM introduced the world's first supply-chain BTO capability, tapping into its rich internal supply chain experience, consulting expertise, and analytics technologies, to help businesses operate and manage end-to-end supply chain processes. The Viacore acquisition expands IBM's capabilities, specifically in the electronics and retail industries, by enabling a client and its supply chain partners to easily exchange information on capacity, inventory, production, sourcing, delivery, forecasting, and planning in real-time. This ability enables communities of supply chain partners to reduce costs, improve responsiveness to customers and forge more tightly integrated relationships.
(Article continues below)IBM's Supply Chain BTO offering helps clients optimize business processes from procurement and logistics to strategy and planning. IBM has the world's largest supply-chain management consulting practice, with over 8,000 experts. These consultants draw on the collective knowledge of IBM's 15,000 internal supply chain experts across the company to deliver BTO services to clients.
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