The move to digital supply networks can be daunting, especially when organizations consider how exactly to implement these solutions into their existing supply chain. With so much information and hype about digital, it can be hard for organizations to know what works for them and what might be a hidden roadblock. However, when the digital transformation is implemented correctly, it can also seamlessly enable an organization’s digital operations.
While manufacturing and supply chain-focused professionals consider how they’re going to excel in this age of increased digital complexity, they should also recognize that many of the same supply chain challenges faced over the past decade will likely remain. These include: speed of innovation and development; velocity of the supply chain; the cost of network; excess inventories; and supply risk. In many cases, the expectations behind the speed and magnitude of what must be achieved is also increasing, which can provide further perceived challenges.News, Supply Chain