What’s really slowing your digital supply chain transformation?
To fast-track digital supply chain, focus on foundational engineering.
Digital transformation has the potential to deliver staggering improvements in operational performance. Companies clearly understand this. The IDC Spending Guide predicts that global investments in digital transformation will reach $2.3 trillion in 2023. A substantial portion of those investments will be devoted to building digital supply chains.
At this point, most supply chain organizations have evaluated an array of available technologies including advanced robotics, 3D printing, AR/VR and advanced data science. Many have hired top digital talent, crafted ambitious digital supply chain strategies and launched multiple pilots.
Why, then, does real progress remain so elusive? In truth, many supply chain leaders seem dissatisfied with the pace and impact of their digital transformations, as mounting investments are stubbornly slow to yield breakthroughs in supply chain performance.
The problem is not with the technology, which often proves effective in pilots. The big challenge is successfully scaling up. Pilots that succeed in a single location create tremendous initial excitement, then fail to prove out the projected value across the broader enterprise. Such failures breed skepticism and drain precious momentum from the transformation effort.
This complete article is available to subscribers only.
Log in now for full access or start your PLUS+ subscription for instant access.
Latest News
Port of Baltimore May Not Reopen Until Summer Sales & Operations Planning (S&OP) Mastery A New Priority Greets Procurement Professionals in 2024 Cargo Shipping Remains on Hold in Baltimore Following Bridge Collapse Maximizing the Bottom Line: The Power of Procurement More NewsLatest Resource
Sales & Operations Planning (S&OP) Mastery In this Special Digital Edition of Supply Chain Management Review, you will find insights on the importance of sales and operations planning (S&OP) to an organization’s bottom line.All Resources
Digital transformation has the potential to deliver staggering improvements in operational performance. Companies clearly understand this. The IDC Spending Guide predicts that global investments in digital transformation will reach $2.3 trillion in 2023. A substantial portion of those investments will be devoted to building digital supply chains.
At this point, most supply chain organizations have evaluated an array of available technologies including advanced robotics, 3D printing, AR/VR and advanced data science. Many have hired top digital talent, crafted ambitious digital supply chain strategies and launched multiple pilots.
Why, then, does real progress remain so elusive? In truth, many supply chain leaders seem dissatisfied with the pace and impact of their digital transformations, as mounting investments are stubbornly slow to yield breakthroughs in supply chain performance.
The problem is not with the technology, which often proves effective in pilots. The big challenge is successfully scaling up. Pilots that succeed in a single location create tremendous initial excitement, then fail to prove out the projected value across the broader enterprise. Such failures breed skepticism and drain precious momentum from the transformation effort.
Subscribe to Supply Chain Management Review Magazine!
Subscribe today. Don't Miss Out!Get in-depth coverage from industry experts with proven techniques for cutting supply chain costs and case studies in supply chain best practices.
Start Your Subscription Today!
It’s high time to go beyond visibility Driving supply chain flexibility in an uncertain and volatile world View More From this Issue