As per the recent research, the importance of digital transformation and the need for the company to establish its supply chain in the digital medium is highly significant. One finding from such info-graphic is considered to be striking. By the year 2019, 3rd platform technologies like cloud, mobile, big data and social are expected to account for nearly 75% of the IT speed and it will grow at twice the rate of the entire market.
Understanding the fact, all the companies are looking to transform the capabilities of the supply chain to holistically improve their business performance to reach the business goals. Continue reading to know about digitalizing the supply chain.
In the case of the traditional supply chain, the companies rely on the electronic and paper-based process and other documentation. The organizational structure is characterized by the functional and geographical silos and that will not share any information. As a result, this will lead to sub-optimal performance.
The digital supply chain will have the capability for extensive information available and will be able to have superior collaboration and communication. This will result in improved reliability, effectiveness and agility.
Here are some of the results obtained from the comparison of the digital and the traditional one. These results will make you find the needs of the digital supply chain.
You can use the supply chain to handle a laborious and significant task like calculating optimal inventory allocation, critical analytics and forecasting the demands.
You might have followed some traditional process like dock door scheduling to replenishment, now automate all of them. You can also tune your supply chain in real-time with the control tower.
Find the ways by which you can reach your customers easily and efficiently. For example, for this process, some companies will look for the implementation of an ecommerce site.
You will have the right option to deal with a particular situation that requires changing material planning and the scheduling to your new customers. With the help of the digital supply chain, it is possible to make the right decision.
When the works are automated, it streamlines the work of the supply chain and the professionals will be able to focus more on the other valuable task.
The digital supply chain management will help the company to strengthen the business model and helps in easy collaboration with customers and suppliers.
As technology grows, there are certain developments in some parts of the business. Grab the opportunity of growth in technology to attain your business goals!
People are conducting searches every day, so you must optimize your website to improve your search engine ranking. A better search engine ranking will help your business growth and obtain more profit. In this article, let us discuss five simple ways on how to monitor and improve your search engine ranking without spending a single penny. How to monitor your...
India is and had always been a hot favourite destination for trade and business. With a favourable climate, affordable amenities and a huge amount of manpower, India has become a hub for growing commerce day by day. And while it is prospering from the business front, our CEO Shubhra Shrivastava’s DigiPrima Technologies increase the business opportunities The solution by...
In January 2009, Bitcoin was created by Satoshi Nakamoto. Bitcoin is a cryptocurrency that is a decentralized digital currency that has single-handedly changed the lives of hundreds of thousands of individuals across the globe. It gained popularity almost in every industry and is currently among the topmost ranking financial investment assets. Money has evolved from primitive forms (seashells, salt, and...
Talk To Our Free IT Consultants
DiGiPRIMA worked very hard on our project at short notice. Node.js and Mongo experts!!! Their help in our Mean stack development project which was much appreciated! Great team to work with.
AMAZING work! DiGiPRIMA knows how to troubleshoot and is quick and reliable. I HIGHLY recommend DiGiPRIMA. they back up their work and they will now be my “go to” person. Very professional and creative.
DigiPrima Technologies is a highly skilled team with an eye for details. The project management and communication was really good and the dedicated project manager made a great job keeping things together.