Gartner defines Digital business transformation as “the process of exploiting digital technologies and supporting capabilities to create a robust new digital business model.”
To further expand on this definition, a Supply Chain Digital Transformation is the process of utilizing supply chain technologies to create a robust digital business model that enhances existing supply chain processes. This leads to identification and reduction of waste, which reduces costs while creating a better balance between demand and supply, as well as optimizing production to increase on-time deliveries. The implementation process usually involves using Supply Chain technology systems to create the digitalized version of real-world processes. This transformation often results in an optimized process due to a reduction in manual non-value-added human tasks to a more automated process, further enhancing productivity across the entire planning team.
A Supply Chain Digital Transformation is the process of utilizing supply chain technologies to create a robust digital business model that enhances existing supply chain processes.
Arkieva provides full-scale end-to-end Supply Chain Planning Solutions that are personalized to meet your unique business process and supply chain optimization goals.
Why is a Supply Chain Digital Transformation Needed?
Today’s supply chain world is increasingly complex. Consumers have a plethora of choices, making the need for building brand loyalty with increased customer satisfaction ever prevalent. Consumers today also demand faster services, which could lead to higher operating costs without the right planning processes in place.
The changing business landscape makes Supply Chain Digital Transformation projects for manufacturing businesses inevitable. It’s no longer a case of if a digital transformation is needed, but rather when it can be implemented.
Arkieva customers are leading digital transformation projects within their organizations using Arkieva as the common integrated planning application that creates the cross-collaboration and manual processes reduction needed to realize the benefits of a digital transformation.
Arkieva customer Escalade Sports is no exception. Escalade Sports recognized the need for this transformation and is creating a continuous improvement process. How you define digital transformation is dependent on your individual business scenario. For certain businesses, this involves full automation of existing processes, while for others it requires a move from a more manual-based or non-integrated process to a more integrated process.
The key to getting started today is to create a roadmap for future enhancements and then continue building on improvements. In this practical guide for building a business case when implementing a Supply Chain Digital Transformation process, Wilson explains some of the key ingredients needed for success, pitfalls to avoid, and how to track and measure performance.