The COVID-19 pandemic exposed the supply chain vulnerabilities of both the private and public sectors in managing assets. At the start of the pandemic, many products became difficult to find or more expensive, but the supply chain bottlenecks are continuing in critical parts. According to Forrester1, supply chain challenges will continue well into 2023.
In this whitepaper, we’ll discuss four pillars to digitally transform Supply Chain and Logistics:
- End-to-End Digital Process Integration of the Supplier Value Chains with Provenance real-time traceability
- Digitization and automation of Supply Chain Business Rules, Business Processes, and Data models
- Legacy Modernization (ERPs) of Supply Chain systems of record – becoming a responsive and autonomic enterprise
References:
1 Glen O’Donnel 2021, Forrester, accessed June 2021, https://www.forrester.com/blogs/the-global-chip-shortage-wont-ease-soon