GE announced that its new “Elastic Cloud Supply Chain Platform” (Elastic Cloud) for real-time management of oil and gas materials, equipment and services has won a prestigious Manufacturing Leadership 100 (ML 100) award. GE was among several companies honored during a ceremony held earlier this month at the tenth annual Manufacturing Leadership Summit in Palm Beach, Florida.
The development of the Elastic Cloud technology represents a collaborative effort between GE Global Research, the Company’s technology development arm, and GE Oil & Gas. The software is designed to monitor, manage, and optimize the sourcing, production, flow and inventory of complex oil and gas raw materials, components and final products for installation and servicing at customer sites.
“With this software platform we’ll be able to maximize, in real-time, the service level we provide to our customers, while minimizing the total delivered cost of GE products and services,” said Jody Markopoulos, VP of Sourcing at GE Oil & Gas. “We have heard from our customers—they want better software tools to help navigate the complexities of today’s global manufacturing supply chain environment. GE’s Elastic Cloud technology delivers on this need.”