With over $156 billion worth of goods passing through the GT Nexus systems and over 100,000 active users, supply chain platform GT Nexus has a clear foundation for continued success in the supply chain world. At the Bridges 2015 conference last week, GT Nexus CEO Sean Feeney highlighted areas on which GT Nexus will focus:
- GT Nexus transportation management will remain a core offering, one that the company will continue to build on. Good to hear since this is really their bread and butter, and should continue to be their foundation.
- The Internet of Things (IoT) will become an important play for GT Nexus as the data surrounding their clients products and goods only continues to grow. GT Nexus will be working to drive deeper into the insights this information can offer. Clearly with the explosion of sensors and the data they are throwing off, it makes strategic sense for GT Nexus to put together a strategic offering around this space.
- Growing mobility ties into the added data GT Nexus will be looking to leverage, since all the data does not mean much if the insights cannot be gained as well as shared wherever and whenever the business dictates.
- Greater supply chain intelligence. This is GT Nexus' #1 focus for R&D. Think of this as the platform that will allow clients and partners to move up the ladder to the ultimate goal of becoming more prescriptive rather than simply descriptive.
- AppXpress. GT Nexus is offering a PaaS for their customers and partners to develop applications on their backbone. Clients such as Patagonia and Adidas have already been leveraging this for a year. Look for more clients and partners to take advantage of this offering.
These directions for GT Nexus are natural continuations of their existing business initiatives, but the company's continual focus on their platform has the potential to set them apart from their competition. An interesting statement from main stage, one that I would argue is the most important, came from Sean Feeney: a massive amount of data passes through GT Nexus' solutions, and continued focus on improvement of the data will yield greater insights from connected supply chains.
This notion of becoming the platform to empower their customers with greater visibility is key to the future growth for GT Nexus. Companies such as Deckers, Patagonia and Caterpillar all provided varied uses cases for how they are leveraging the GT Nexus platform:visibility first and then the use cases that emerged. Greater efficiency with supplier relationships, streamlining global movement of inventory and being more efficient with the ability to track and trace product were highlighted via customer discussions. These use cases might not have the "wow" factor, but they lead to real results and measurable ROI.
All these use cases point to the multitude of opportunities yet-to-arise from supply chain platforms.