Plenary 7 - Reinventing the way supply chains operate via digitalization and intelligence (Hosted by Infor)
The current world of supply chain is in a consistent state of turbulence. Supply chain operations are under pressure to deal with new business models, emerging business disrupters, the geo-political impact on global business, and the high expectations of the new consumers.Traditional supply chain solutions are no longer sufficient for keeping up with the speed and dynamics of business. The majority of supply chain information, needed to run the business, exists outside the four walls of the ent...
The current world of supply chain is in a consistent state of turbulence. Supply chain operations are under pressure to deal with new business models, emerging business disrupters, the geo-political impact on global business, and the high expectations of the new consumers.
Traditional supply chain solutions are no longer sufficient for keeping up with the speed and dynamics of business. The majority of supply chain information, needed to run the business, exists outside the four walls of the enterprise. In a world where businesses depend on many global trading and business partners to keep the supply chain running, a true multi-enterprise business network is essential to connect all parties involved across complex processes.
Traditional supply chain solutions are being replaced by next generation supply chain business networks. The network connects businesses to their entire supply chain—from suppliers and manufacturers, to brokers, 3PLs, and banks—paving the way for enhanced supply chain visibility, collaboration, and predictive intelligence. By combining IoT, Machine learning, advanced visualization, planning, optimisation, collaboration, execution, and finance capabilities, businesses are enabled to intelligently sense and respond to the many changes that take place in the supply chain each day.
By fusing the physical and financial supply chain processes in a single, unified, cloud-based platform, enterprises can use supply chain innovation to outpace digital disruption and unlock growth opportunities.
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