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Exostar Extends Secure Supply Chain Management Collaboration Suite to Support Digitalization InitiativesExostar, whose cloud-based solutions help companies in aerospace and defense, life sciences, and healthcare collaborate securely with their partners, today announced it has enhanced its secure supply chain management collaboration suite. The changes include functional and architectural upgrades to help companies and their suppliers move to more effective digital business models. Several organizations in highly-regulated industries recently have chosen the Exostar Digital Platform. These include the UK-headquartered world's leading manufacturer of ejection seats, an Australian-based global manufacturer of defense and commercial ships, and a US-based, multi-billion dollar global provider of engineered services and products to the aerospace, defense, and energy industries. Organizations can use Exostar's Digital Platform to seamlessly engage with their global, multi-tier supply chains. It enables collaboration at every stage of the supplier lifecycle: qualification and onboarding, sourcing and procurement, order management, and performance/compliance assessment. The services within the Digital Platform can be leveraged as stand-alone or seamlessly integrated with an organization's legacy systems that handle supply chain management, enterprise resource planning, and manufacturing resource planning. "Companies that rely on labor-intensive processes tied to end-of-life legacy systems are competing with one hand tied behind their backs," said Kevin VanLowe, Exostar's Director of Supply Chain Solutions. "Our Digital Platform paves the way to rapid performance improvement and support for digital business imperatives. Our customers can now opt for a modular path to securing and digitizing their entire supply chain, without taking on expensive, multi-year initiatives before they see value." Exostar's digital capabilities for supply chain management include:
The Digital Platform helps organizations reduce cost and risk, tighten schedules, and improve quality by:
With Exostar's Digital Platform, supply chain management moves beyond automation to include all of the benefits of digitized supply chains. Highly-regulated organizations can position themselves to fully embrace and benefit from technologies designed for digital business, such as the Internet of Things, artificial intelligence, and predictive analytics. About Exostar Exostar, named a Cool Vendor for 2016 by Gartner (News - Alert), offers cloud-based solutions that help companies in highly-regulated industries mitigate risk and solve identity and access challenges. Nearly 150,000 organizations leverage Exostar to help them collaborate securely, efficiently, and compliantly with their partners and suppliers. By offering connect-once, single sign-on access, Exostar strengthens security, reduces expenditures, and raises productivity so customers can better meet contractual, regulatory, and time-to-market objectives. www.exostar.com.
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