While 2009 presented the world economic challenges that many have not seen in their lifetime, folks persevered and are planning for what we all hope and expect to be a great 2010. Certain events occurred in 2009 that we believe set the stage for recovery. Economists believe the “Great Recession” ended in early summer. And while job losses were still occurring, they decreased in number as the year came to a close. The Labor Department also reported that the second quarter productivity rate jumped by 6.6%, the largest advance since 2003. And finally, sustainable or not, Wall Street bounced from early 2009 lows to a respectable year end close due to corporate productivity and profitability.
As we close 2009, I've been catching up on some reading and stumbled across some Aberdeen Group research. The piece on supplier enablement across the world, was shocking. North America (34%) lags both Europe, Middle East, Africa (EMEA) (36%) and Asia/Pacific (41%) in electronically processed purchase orders. Paper requisitioning versus EDI requisitioning is as follows across the regions...EMEA $42.90/paper order and $34.05/EDI order, North America $37.45/paper order and $23.83/EDI order, Asia/Pacific $23.90/paper order and $14.78/EDI order.
Happy Holidays from REMEDI. Here is the third edition and December release of "Thinkronization", the thinking person's E-newsletter for business and data integration / synchronization professionals. The newsletter is for those who are focused on the integration of systems and collaboration with business partners. Published bi-monthly the content contains news, articles, research, trends, blog posts, and consulting service and placement pieces, related to Business-to-Business Integration (B2Bi) and Enterprise Application Integration (EAI).
Read More
