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BuildingaSmarterSupplyChain
ThepowerofAIandBlockchain
todrivegreatersupplychainvisibilityandmitigatedisruptions
BuildingaSmarterSupplyChain
ThepowerofAIandBlockchaintodrivegreatersupplychainvisibilityandmitigatedisruptions
Theglobal,digitaleconomyisradicallyreinventingbusiness.Forleadersacrossindustries,it’snotjustthepaceofbusinessthat’schanged–it’severythingfromcustomerexpectationstocompetitivelandscapes.
87percentofCSCOssayitisextremelydifficulttopredictandmanagedisruptions
AccordingtoIDC,33percentofallmanufacturingandretailcompanieswillbedisruptedbydigitally-enabledcompetitorswithinthenextthreeyears.1
Todaymorethanever,businessesmustevolvetostaycompetitive.Savvyleadersarelookingtotheirsupplychainstodotheheavylifting,drivingdifferentiationthatimpactsquality,delivery,costs,customersatisfactionandmore.
CSCOscitealackofvisibilityas
thekeyhurdleinmitigatingdisruptions:
Infact,84percentofCSCOscitelackofvisibilityastheirbiggestchallenge
Yet,mostbusinessesareoperatingwithsupplychainsystemsbuiltinadifferentera.Theystruggletomakesenseofanoverwhelmingamountofdatascatteredacrossdifferentprocesses,internalandexternalsources,andsiloedsystems.Theystrugglewithvisibility,andwithconnectingandexchangingcriticalinformationacrossanincreasinglycomplexecosystemofpartnersandsuppliers.
Lessthan10%oftoday’ssupplychaindataiseffectivelyused,andmostcompaniesarevirtuallyblindtothe80%ofdatathatisdarkorunstructured.Withtheselimitations,itisdifficulttooptimizesupplychainoperations–andthebusinessisexposedtounnecessarydisruptions,delaysandrisks,aswellasincreasedcosts.
1. TheThinkingSupplyChain,IDC,March2017
Page2 BuildingaSmarterSupplyChain
ANewEraofSupplyChainVisibility
“AIandblockchainaretransformativetechnologi
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