Digital supply chain

The future of the supply change management is the ability to be instantly connected through digital insights.

The creation of a digital supply chain does not only require a business to digitalize a hand full of independent elements, rather it is the full integration and cross functionality adoption of digital tools to bolster the abilities of the business. It requires an evenly executed and well thought out plan as well as the eagerness of the employees to learn new ways of working.

Vitally for the digitalization to have the most real impact it must be integrated across a whole business allowing for the digitalization to provide information to multiple sectors at once. Enhancing an organization’s ability to be agile, nimble, efficient and create more value.

However, mangers must also remember that companies even when digitalized are still reliant on people. This is to say that the greatest value can be achieved with hybrid thinking, allowing AI and data collection to do the legwork that frees up talented minds so that they can run. Providing the tools to the talent as well as real time information gives them the ability to understand what is going on in right now so they can come up with the most relevant new ideas.

Full oversight refers to the ability of managers to gain end to end visibility of the supply chain and understand all developments as they unfold. This powerful tool enables decision making to come from a place of greater understanding enabling better future decisions.

Real Time Impact is the ability of manager to make changes that instantly effect the supply chain. This is possible through changing online tools, interfaces, systems, etc, with the aim to see positive change in any current moment.

Last, Instant Access to Information, is the greatest new tool, no matter which stage of the supply chain is being examined the managers will be better able to direct talent and predict the future needs of the business based on real time data.