The supply chain of today is governed by the manufacturer, wholesaler, retailer, and businesses operating in between. Not only has the concept of a supply chain progressed by leaps and bounds during the last decade or so, but it is also one of the most critical functions for an organization looking to achieve its short-term and long-term business goals.
The supply chain, if perfected, is a critical weapon in this competitive environment. The incorporation of the digital transformation in supply chain processes will eventually lead to newer business models that directly influence the performance of the brands involved. This will eventually help you to turn your supply chain into one that is opportunity-centric rather than cost-centered.
The availability of analytics and relevant data also influences the need for more digitization in the supply chain. All these digital metrics can be used within the SCM processes for optimization and to ensure that all facets of the supply chain management process are covered.
Why Do You Need a Digital Supply Chain Right Now?
I have the opportunity to attend Sapphire Now by SAP from May 7th to 9th 2019, and while there I’ll have the chance to hear a lot of different perspectives pertaining to the digital …