Your Supply Chain design checklist can be downloaded from the bottom of this page. Before you head down to that section, perhaps make a recap of the benefit’s of using advanced Supply Chain technologies for Supply Chain design first.
- Make more automated decisions
While most global Supply Chain-reliant companies have already embraced the power of data and advanced analytics across their company, the vast majority have been working with out-of-the-box tools cobbled together with in-house applications or spreadsheet-based solutions. Advanced technology can help the Supply Chain use mathematical solvers and algorithms to find the best decision or decisions for a given business problem within a defined set of constraints.
- Quicker deployment to users in the organization
Advanced technology offers the possibility of creating a personalized experience. With apps, you will be able to create a tailored solution with the appropriate user experience for anyone in the organization to facilitate democratized, AI-powered decision-making.
- Gain proactive insights
Leading companies can apply advanced technologies to fundamentally rethink and transform their Supply Chain, enhance their real-time understanding of activity in complex supply networks, and leverage continuous scenario planning to optimize the balance of cost against risk and agility of their network footprint.
- Continually revisit the Supply Chain design
In other words, by adopting new technologies and the practice of continuous design, companies can reduce risk, improve resilience, and turn their Supply Chain challenges into a competitive advantage. By applying advanced algorithms, companies can continually revisit and adapt to make the best decisions balancing profitability, service, risk, and sustainability.
- Make faster decisions
With an end-to-end extensible data model, AI, and rich algorithms, Supply Chain leaders can use simulations to quickly learn how to best respond to changing conditions. They can adjust scenarios and options in these models to identify which decisions best support agility and resilience. The best decisions require the right balance of profitability, service, risk, and sustainability.
- Drive insights through relevant data
Designing a Supply Chain that is both resilient and efficient while addressing increasingly complex and nuanced markets is challenging. Supply Chain will have to consider multiple dimensions: Proximity to custoer markets, diverse customer service requirements (including after sales service and reverse logistics), sources of rawmaterials, proximity to key suppliers and ecosystem partners, risks, regulations, customs, duties and sustainability factors.
Your Supply Chain design checklist can guide you to get off to a good start with your own approach to Supply Chain design?
The starting point for your Supply Chain design journey will always be your own Supply Chain challenges. Use the
following frameworks to become sharper on why it could be useful for you and your company to utilize advanced technologies within Supply Chain design. What kind of questions would be good to ask to become more specific on the use cases?
Checkout this chekclist which you can download right here: