In Sascom Magazine, at a recent conference of industry practitioners:
' ... Industry incumbents, academia and industry analysts all agreed that in the new-economy, supply chains of the future need to be:
Smarter (i.e., automated and data driven).
Intelligent (i.e., analytics-based).
Interconnected (i.e., collaborative).
Is that a new message? No, not really – the essence of the message has been known for years. To make smarter, faster decisions, you need to be data-driven, analytically superior and collaborative. Leading companies have repeatedly shown that by leveraging the data in their systems across geographic and functional silos, and by applying analytical insights to that data, they can improve forecast accuracy, reduce over- and under-stocks, optimize inventory and improve asset uptime... '