Supply Chain's Digital Transformation

The most successful digital transformations focus on delivering value aligned to well-defined business objectives. These objectives are evolving away from traditional drivers, such as working capital reduction, and into satisfying changing customer demands consistently and reliably delivering on customer promises even as supply availability changes. These shifts represent ties to larger business objectives, such as building a more resilient supply chain that can better respond to unexpected changes.

As with training for an endurance race, having a plan and following it to get the challenging work done in a digital transformation is critical. Be realistic about what you can accomplish as an organization within defined time periods. Successful organizations clearly define a time-boxed roadmap for their digital transformations and thoughtfully execute against it. Another customer wanted to satisfy demand while balancing inventory utilization and operational efficiency.

Supply chain leaders often mention that their people are focused on manual, low-value tasks to clean and manipulate data, and by the time results are published for decision making, they are already outdated. Instead there is desire to refocus their managers and planners on high-value, data-enabled decisions to solve the most salient of challenges in their supply chains. Recent disruptions from storms destroying oil rigs in the gulf, shipping delays due to COVID-19 and the ever-rising power of the consumer further heighten the importance of transforming your people into a digital workforce.

Source: https://www.kinaxis.com/en/blog/stay-pace-success-supply-chain-transformation-plan