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GEON Embarks on a Digital Transformation GEON Performance Solutions is embarking on a supplychaintransformation. Their vision guiding this transformation is the creation of a highly effective IBP process. IBP technology and process discipline can also make planners 10 to 20% more productive.”
Digital transformation is a term that is thrown around a lot, and people have different ways to interpret what it means. Essentially, digital transformation is the integration of digital technology into all areas of a business. The report takes a holistic approach to what a digital transformation means.
To provide a comprehensive overview, the author draws from various academic studies, reports, and surveys to shed light on the latest trends and best practices in supplychain management. A recent survey by Accenture (2021) revealed that 72% of SMEs and 78% of startups are actively investing in digital supplychain solutions.
In this context, leaders’ most pressing concerns are reducing CO2 emissions across all tiers of the supplychain (95%) and growing e-commerce volumes (90%). Around 92% of organisations surveyed said that the ongoing relocation of the global supplychain will impact them but only 15% are equipped to deal with this.
The Role of Data Analytics in SupplyChain Management | Image source: Pixabay This article describes the transformation that data analysis and the supplychain are fostering and how it will impact business intelligence. Find out more about this current topic. as a definition of value.
For example, brand manufacturers and retailers—are beginning to perform life cycle analysis of their products to ascertain the environmental impacts of the products they sell. This trend will likely continue, and we’ll begin to see a lot of progress in this particular area of sustainable supplychaintransformation.
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