TECH & AI
“Leaders are re-evaluating the supply chain as not just operational , but also a strategic opportunity ”
SARI MACKAY SUPPLY CHAIN LEAD ANZ ACCENTURE
“ Changes to business plans often involve multi-step , complex workflows – and these changes tend to impact other plans ,” says Srinath goud Vanga , ML Architect at o9 Solutions .
“ The complexity of these workflows poses a significant challenge for downstream systems that must understand the changes and their potential ripple effects , which can significantly hinder effective collaboration between a company and its internal and external stakeholders .”
Ultimately , the sheer scale and speed of change requires rapid responses and leaders must adopt agile ways of working more quickly .
This includes accelerating value chain transformation and strong data and analytics capabilities , which are key to understanding complexity , anticipating potential disruption and quickly developing a response .
Supply chains , as Sari points out , lack global resilience and often break down during multi-country disruptions .
She continues : “ The solution , therefore , lies in supplier collaboration platforms , which are improving visibility , such as by using an integrated logistics control tower to get real-time visibility into operations .
“ Additionally , IT systems continue to be expensive to run . They ’ re also inflexible and often over-reliant on legacy technologies . The solution here is to work with supplier collaboration platforms that support applied analytics , AI , and machine learning .
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