Digital Supply Chain Performance Metrics
The journey to transforming to a digital supply chain has many steps, including new ways to manage Demand, People, Technology, and Risk. Without the right metrics necessary, changes won’t happen.
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The journey to transforming to a digital supply chain has many steps, including new ways to manage Demand, People, Technology, and Risk. Without the right metrics necessary, changes won’t happen.
After extensive research and consultation with our DSCI members, Global Expert Group, industry leaders, practitioners, and academics, we developed this white paper to help senior supply chain executives understand the power of Algorithms, Real-time Big Data and AI/ML.
Blockchain and Distributed Ledger Technologies (DLT) have emerged as an effective enterprise transformation tool. They provide capabilities beyond traditional databases to share data and manage workflow throughout an enterprise and across its ecosystem of customers, partners and suppliers in a trusted manner without central control.
Blockchain is an emerging technology and is predicted to revolutionize Supply Chains by maximizing efficiency, security, and transparency. When it comes to proving the tangible benefits of the blockchain technology, it is still in its early days with not many results on the Proof of concepts and applications.
Digital Supply Chain Institute, Aricent partnered with Bitfury, the world’s leading full-service blockchain technology company, to explore how the technology underpinning cryptocurrencies can enhance software product development supply chains. The details of the use case along with the results can be found here.
Blockchain is sometimes referred to as the single biggest thing since the internet. Blockchain might not be that big but it has provided the foundation upon which the entire world of Bitcoin is built. Blockchain is extremely secure, it offers deep visibility, creates trust and reduces the need for paperwork and verification. These Blockchain qualities are what are now getting the attention of DSC owners everywhere.
Fueled by emerging technologies, including artificial intelligence (AI), machine learning (ML) and the Internet of Things (IoT), supply chain leaders across the world are racing to harness this data and build algorithms that can increase their company’s market share, grow revenue, reduce risk and fine-tune operations.
Talent and organizational planning are key drivers of success in leading and implementing a digital supply chain transformation. Given global supply chain disruptions, organizations must consider how these changes impact talent and skills gap issues.
Companies are drowning in data. Yet, one of the major hurdles many companies face in transforming to a Digital Supply Chain is their ability to get precise data from customers and suppliers — and to fully realize the value of the data they have.
DSCI has developed an action plan for how to accelerate your transformation with the “DSCI Catalyst Program”. This whitepaper introduces a unique new data trading framework to help you obtain the critical data you need.
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