Sunday, November 5, 2017

Supply Chains Need to Switch to the Digital Frontside

https://www.quora.com/What-is-a-digital-supply-chain 
There are many logical reasons for companies to switch to a digital supply chain, which are explained in more detail in this article. The Center for Global Enterprise study supports that now is the time for organizations to make the transition. This switch to a digital supply chain can only optimize a company save time and money.

Results of a survey, made of hundreds of leading supply chains, shows that an improved digital supply chain can lead to a "20% reduction of procurement costs, a 50% reduction in supply chain costs, and an increase in revenue of 10%," (Myerson). The author also stated the arguments that real-time data analytics and collaboration with a purpose are among the many reasons to switch to a DSC (digital supply chain).

-Lauren Jankowski

Works Cited

Myerson, Paul. “Supply Chains Need to Turn to the Digital Frontside.” Industry Week.com, 1 Nov. 2017, www.industryweek.com/supply-chain-technology/supply-chains-need-turn-digital-frontside.

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