Many companies are at early stages of supply chain transformation. In a recent webcast poll, participants told us they are tackling the fundamentals by upgrading supply chain planning and execution as well as data analytics. They know there's still basic work to be done. For example, consolidating data inside organizations is a top priority, as companies build their supply chain capabilities.
Operations executives are expecting big things from digital technology, and it is not just about cost reduction.
"Supply chains are transforming into ecosystems that receive real-time information flows. This is leading to more visibility and integration across the supply chain, end-to-end. Companies are introducing automation to cut costs and do things faster and more efficiently."