Poor tech strategy ‘ undermining supply chain transformation ’
Poor tech strategy ‘ undermining supply chain transformation ’
A mismatch between tech initiatives and business goals is the main reason many digital transformations fail , a leading data analytics specialist says .
Sunil Kardam , Head of Supply Chain and Logistics at data science company Gramener , says a misalignment between business goals and digital strategy is often to blame .
Kardam says : “ For example , if your ultimate business goal is to reduce inventory costs then investing in a real-time tracking platform might not be a wise move .
“ Although such a solution can provide realtime insights into shipment status and allow you to quickly identify any potential issues or delays , it will not contribute to lowering inventory expenses .”
This is why , he says , supply chain organisations need to identify the challenges and pain points they want to tackle , and then involve stakeholders from various departments in the digital transformation process to increase efficiency .”
60 February 2024