Confronted with unprecedented challenges, CEOs are increasingly faced with the necessity of transforming their companies’ global end-to-end supply chains.
While transformation will include factors like re-evaluating manufacturing footprint and suppliers, looking more closely at shipping modes, and building a culture of collaboration between all stakeholders, the critical enabler of its foundation is undoubtedly digitization.
Two-thirds of businesses recognize the overwhelming imperative to move towards digital transformation in the supply chain if they are to remain competitive.
What is the digital supply chain?
The term “digital supply chain” implies technology, and to be sure, the digital supply chain uses a lot of it. But to say that it is a technological innovation is incorrect. Beyond the technology, digital supply chain transformation is built on processes, people, and cultural receptivity to change.
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