In times where information is a company’s most precious asset, those companies that have a collaborative mindset, and have real-time visibility of their entire supply chain extended through appropriate digital tools, are the ones that lead the Top Performance ranking and, year after year, grow in market share and competitiveness.
Companies with digital supply chains have the tools and attitudes that allow them to focus on achieving business benefits, and to orient all their activities towards the customer as the main driver.
These benefits are reflected in multiple aspects of the business activity, with positive impacts in terms of market, financial, operational, human resources, qualitative and strategic aspects.
Benefits of a digital supply chain
- Agility in the supply chain
- Go to market faster
- Better performance compared to the competition
- Political, social and ecological benefits
- Revenue growth
- Stock-out reduction
- Increased service level
- Increased on-time deliveries
- Reduction of working capital
- Reduction of inventory days
- Increased stock turnover
- Reduction of the cash-to-cash cycle
- Visual monitoring
- Real-time comparison of performance vs. plan
- Actionable information
- Alerts with recommendations to Management
- Cloud
- Greater integration and usability
- Mobility
- IA and ML
- What-If Simulation
- Speed
- Lead-time reduction
- Reduced inventory handling and distribution costs
- Better forecast accuracy
- Increased productivity throughout the value chain
- Alignment of strategic and operational plans
- Improved product allocation in the extended supply chain
- Customers
- Employees
- Brands and Products Suppliers
