Supply chain priorities: 3 experts weigh in!
In the last year, supply chain has suddenly become a top strategic concern at the board level in many companies. At Hannover Messe, an annual conference held last week that focuses on industrial transformation, many of the virtual sessions delved into addressing supply chain blind spots and the need to rethink systems and processes to better deal with inevitable disruptions ahead…
Refine processes with new tech
“The pandemic exposed a number of existing weaknesses in businesses, particularly in supply chains,” says Jochen Rahm, CTO of PROMATIS software GmbH. “Many companies saw that they needed to digitize supply chain processes to gain better visibility, improve efficiency, and provide customers with the service they now expect.”
Today, customers want to know more than whether an item is in stock; they want insight into the expected date and time of delivery, where the item is en route, and more.
Modern, cloud-based technologies can provide that transparency across the supply chain and throughout a company’s operations. But along with that better insight, companies need business processes and collaboration tools that enable them to quickly take action.
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