Steps to Achieve a Digital Supply Chain in an Ever-Evolving Business World
Unlock new capabilities, drive efficiency, and achieve higher levels of performance and innovation with a digital supply chain. Improve decision-making, performance, and responsiveness based on real-time data exchange and optimized processes.
Key Findings
57%
of businesses claimed significant revenue impacts due to supply chain disruptions—highlighting the lack of integration in traditional supply chains and the financial consequences of inefficiencies.
60%
of companies have achieved comprehensive visibility of their tier-one suppliers, while only 10% have completed deploying advanced planning and scheduling systems.
55%
In a traditional supply chain model, the connections between suppliers, production, and distribution are linear, with information flowing back and forth. Each entity within the supply chain relies on its partners for accurate information sharing. This approach has often left stakeholders in the dark and uncertain about the arrival time, route, and fare—creating a push towards digital supply chain.
Digitization is more than just automating processes for efficiency; it’s about transforming processes to gain valuable insights. Hence, a shared vision and understanding are crucial to ensure a unified direction in the digitization journey. Download our whitepaper to experience unparalleled efficiency and success with the digital supply chain.
Transforming Traditional Supply Chains Into Highly Efficient & Digitally-Enabled Ecosystems