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Supply Chain: From Fragility to Resilience

Traditional supply chain models that are designed with assumptions of stability and predictability, are not equipped to handle the dynamicity of the digital world. When faced with uncertainty, such models turn out to be fragile and inefficient, overwhelming the supply chain operations with delays and inaccuracies. A fragile supply chain hurts the organization’s ability to meet rapidly shifting customer demands.

Digital Automation is the Key

Supply Chain leaders must build agility and flexibility in their supply chain operations. By doing so, they can better adapt to unpredictable events, mitigate business risks, and ensure the smooth functioning of their supply chains, even in the face of uncertainty. Digital automation enhances efficiency, improves the speed of collaboration, and infuses much-needed strategic agility in supply chain operations.

McKinsey research suggests that, on average, companies that aggressively digitize their supply chains can expect to boost annual growth of earnings before interest and taxes by 3.2 percent—the largest increase from digitizing any business area— and annual revenue growth by 2.3 percent*.

 

Building Resilience for Future

Read this eBook to gain detailed insights on how you can build a resilient supply chain ecosystem that is ready for the digital world, and ensure:

  • Streamlined processes
  • Fast and efficient sales cycles
  • Agile and responsive procurement process
  • Tighter contracts and happier vendors
  • Convenient shipping and logistics

*Digital transformation: Raising supply-chain performance to new levels, Mckinsey & Company

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