Digital transformation involves integrating across multiple digital processs, such as the development of online marketplaces that are fully integrated into supply chains and distribution networks.
COVID-19 has disrupted many organizations models and pure-plays. This calls for a Reinvention. Digital Reinvention combines multiple digital technologies – including cloud computing, cognitive computing, mobile and the IoT – to reconceive customer and partner relationships and operations.
Blockchain is a disruptive technology that can help address multiple challenges, inefficiencies and associated lost productivity while increasing operating transparency across an ecosystem
Dwindling working capital
Budget overruns and production oversupply
High cost and complexity of capital projects
COVID-19 supply-chain disruption
Extreme volatility in critical items and supplies
Stockouts of high-demand goods or stockpiles for zero-demand
Partial loads and capacity constrained warehouses
Shortages of critical supplies, need for quick supplier onboarding and visibility
Higher than needed inventory levels and safety stock due to siloed visibility
Operational efficiency in buyer & seller trade interaction
Improving asset productivity
Capturing real-time, accurate performance and maintenance data at the point of occurence
Controlling costs & Becoming customer-centric
COVID-19 response through workforce protection, supply chain stability and customer engagement
What are the industry tools & solutions being used to address high operational costs and ensure supply chain resiliency?
How are supply chain businesses navigating the challenges brought about by COVID-19? How are Suppliers ensuring adherence to SLA while operating at a reduced capacity?
How are businesses addressing out of stock events that are affecting their financial performance or ability to provide critical goods?
What are the financial instruments available to Suppliers to ensure continuous production and business continuity?
What are the challenges in last mile fulfilment across industries such as pharmaceuticals, agriculture and real estate?
Is last mile fulfilment a sustainable solution to reduction in inventory stockpiles?