ReInventing and Enxtending Your Supply Chain for The Future?
Supply chain disruption is a major concern for all types of enterprises and is causing challenges in various areas such as sourcing and procurement, logistics, asset management, and demand-supply planning. The utility and construction industries are particularly affected by these challenges, and it can be difficult for them to quickly adjust and adopt digital solutions to address these issues. Some of the specific challenges they may face include:
- Inventory shortfalls
- Longer lead times with lack of visibility or understanding of future timeframes
- Lack of communication or collaboration with vendors
- Increased labor challenges
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The enx Intelligent Marketplace is a platform that connects various elements of supply chain management (SCM) to improve visibility and reduce risks. It enables organizations to continue to meet the demands of SCM even in a high- volatility market by using a digital platform approach that is engineered and designed by enx. The platform realigns internal processes to meet current demands, increases product market-category management, enhances supplier integration, and reduces the time required to commission and view digital devices in a single view. This can help organizations to be more efficient, reduce costs, and make better-informed decisions in the face of supply chain disruptions.
An estimate predicts that the United States will have the capability to produce 200 gigawatts of cost-effective energy by 2030, which is equivalent to 20% of the estimated peak energy demand in the US. This is three times more than the current demand response capability, resulting in potential savings of $15 billion annually for consumers by reducing utility system costs.
Procurement and Inventory Optimization The enx Intelligent Marketplace
SCM module is based on a digital experience and integration from manufacturing to asset deployment which has traditionally lagged in the utility sector and built environment sectors. With increased weather events like ice storms, wildfires, hurricanes, and events like COVID 19 it is becoming paramount for critical infrastructure providers and the built environment to focus on SCM and rapid response timeframes. The enx Intelligent Marketplace – SCM is an advanced solution that streamlines and enxtends the entire process and project – supply chain management – asset deployment and digital experience energy intelligence (EI) as illustrated on the adjacent page.
Today forward-thinking companies are looking to de-risk the SCM process by integrating that go well beyond suppliers of goods. For example, as illustrated in the diagram below, the enx Intelligent Marketplace – SCM platform includes the integration of affiliate organizations.
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ENX Intelligent Marketplace - Supply Chain Management
- Material API – enx has developed an open API to interface with suppliers and vendors. The Intelligent Marketplace has been interfaced with leading suppliers of utility and build environmental material.
- Virtualized Market Sectors – as material is ingested into the enx nodal architecture the data is structured in a way that begins the virtualization journey for the specified facility. Creating dynamic connections and recommendations.
- SCM Tracking – the ability to track the entire delivery process of material and increase planning efficiency, identify bottlenecks, and give make necessary adjustments through the enx alerting and recommendation engine.
- Virtual Platform Connections – create connections with key actors or stakeholders within the project from
the beginning stages: Utilities, contractors, vendors, etc. These connections are beneficial to the planning but also the ongoing maintenance and operations of the facility.- Product Delivery & Commissioning – unlike any other SCM or inventory tracking system the enx SCM module allows digital assets to immediately be visualized and operated in a single view, agnostic platform. A plug-n-play experience for the facility manager and operator.
- DERM Interconnections – a critical element of the SCM module is the ability to turn infrastructure and assets into an enxtended value proposition.
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ENX Value of Interoperability
The diagram illustrates the varying strategies and capabilities of the ENX Grid Interactive Gateway – Controller.
- Reduces the cost and effort for system integration.
- Improves grid performance and efficiency.
- Facilitates comprehensive grid security and cybersecurity practices.
- Increases customer choice and participation.
- Establishes industry-wide best practices.
- A catalyst of innovation.
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ENX Intelligent Marketplace
EnXchange is a team of engineers, data scientists, energy experts and innovators who reject the status quo. From our decades of experience in the utility industry, we understand structure utilization, load design, the true cost of a megawatt, and the factors that cause inefficiencies in your building management system.
Imagine a world where you could control energy – electricity, heat, water, air quality and more – to suit your needs, and sell back the extras. That world is already a reality today, and at ENX we are taking it to scale across the U.S.
Our innovative, patent-pending energy platform allows clients of all size and sectors to take advantage of a highly digitized and dynamic energy environment of multidirectional networks which support two-way energy flows.
We encourage you to rethink how energy is harvested, collected, distributed and consumed. We’re flipping the energy models of yesterday on their heads and building the infrastructure of tomorrow, today.
