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Wednesday, June 20, 2018

Death of Supply Chain Management

The death of? No, but lots of new augmentations popping up.

The Death of Supply Chain Management in 7WData

The supply chain is the heart of a company’s operations. To make the best decisions, managers need access to real-time data about their supply chain, but the limitations of legacy technologies can thwart the goal of end-to-end transparency. However, those days may soon be behind us. New digital technologies that have the potential to take over supply chain management entirely are disrupting traditional ways of working. Within 5-10 years, the supply chain function may be obsolete, replaced by a smoothly running, self-regulating utility that optimally manages end-to-end work flows and requires very little human intervention. With a digital foundation in place, companies can capture, analyze, integrate, easily access, and interpret high quality, real-time data – data that fuels process automation, predictive analytics, artificial intelligence, and robotics, the technologies that will soon take over supply chain management. .... " 

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