TECHNOLOGY
Digital Supply Chain
Traditionally, the supply chain was a linear string of processes: design, plan, source, build, deliver, et cetera. But in our new digital world, the supply chain is becoming increasingly interconnected—more fluid, more organic, and much less rigid.
Almost every modern manufacturer’s supply chain may be described to some extent as a digital supply chain, as companies by now have digital technology involved in one or more of these elements. In the best examples, every section of the chain uses digital technology to enhance operational performance whereby manufacturers have engaged with Enterprise Resource Planning (ERP) systems to process and harness the data produced.
Businesses that can deliver a better product to market faster, anticipate demand as well as build and participate in strong, agile supply chains, have a substantial edge over those that do not. Complete visibility into the supply chain as well the various processes and influencing factors makes having a robust back-end system like SYSPRO ERP, the strategic imperative for supply chain leaders.
Leaders indicate that 49% have the ability to share data externally with suppliers and partners, while the Followers reported 0%.
(SOURCE: ABERDEEN, JANUARY 2018)
Key benefits:
REDUCED TRANSACTION COSTS
REAL-TIME INSIGHTS
ENHANCED PARTNER COLLABORATION
