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Business Transformation: Real-Time Collaboration and Visibility – Creating a Proactive Supply Chain Network
Abstract
Imagine when enterprises could capture the true picture of market dynamics from the very point of the demand-origin based on the customer behavior in an omni-channel environment, and have the ability to react to those demand swings with a near-zero latency? The top-line and bottom-line impact would be so huge that it would be a no-brainer for supply chain leaders to make the needed investment. Over these years, globalized network strategies such as source-anywhere, make-anywhere, and sell-anywhere have become an implementable reality. At the same time, the efficiency (economic profitability) of that very design continues to see risks due to several geo-political and macro-economic factors. For want of a nail, manufacturing and distribution companies face the risk of losing the shoe. In this chapter, the author outlines a prescriptive approach to manage such risks through synchronous collaborative planning and proactive supply chain visibility that would help enterprises not only continue to be agile but also remain profitable.
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