Tag: digital supply chain

Now is the Time for a Supply Chain Digital Transformation

As we’ve all adjusted and started to get a feel for how business will operate, a few enterprises are overcoming their initial knee jerk reactions to the pandemic and are examining the fundamentals that need to be in place as the ingredients for creating a resilient supply chain and logistics operation in light of the outside context problem presented by the pandemic. However, at the same time, most leaders seem determined to set the goalposts…
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The Proactive Supply Chain and Outside Context Problems

When confronting the impossibility of being unable to plan for an event that we don’t know could happen, the answer must be to have systems and processes in place that allow us to respond to a rapidly changing landscape and ‘get to the left’ of a disruption, keeping good options on the table for longer. In critically acclaimed author Iain M. Banks Culture series, a far future, post scarcity, interstellar civilization has turned all their…
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Digital Supply Chain Transformation – Three Proven Use Cases

Business leaders are aggressively investing in Digital Transformation initiatives to further automate and streamline global operations.  Industry hype has translated into practical solution deployments focused on delivering improved customer experience, revenue, cost and cash outcomes to the business. With companies committed to digitally transforming their operations, we find organizational approaches spanning broad transformation (i.e. digitizing order-to-cash insights) to narrow transactional focused projects (i.e. track and trace of shipments and purchase order insights).  In both cases,…
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Digital Supply Chain and the Data Dilemma

The ongoing data dilemma and fear of “garbage-in garbage-out” is alive and well.  Enterprises working earnestly to solve this problem realize it’s even harder with the emergence of the Digital Revolution, IoT, Predictive Analytics, Machine Learning, and Embedded Software technologies.  These technologies explode massive amounts of data upon business and consumer ecosystems alike requiring new levels of discipline and technical innovation. Successful businesses need to effectively harness, cleanse, and manage massive amounts of data to…
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Managing an Optimal Order to Cash Process

Receiving orders and receiving cash is the lifeblood of a profitable business.  However, the activities between the time the order is received to actually receiving the promised cash in the bank account is a process ripe with risks and opportunities.  There have been many years of conversations regarding Lean in supply chain and logistics management.  An area that should be examined as part of Lean is the order to cash cycle (O2C).  This cycle is…
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