Supply Chain Digital Magazine November 2022 | Page 43

Five ways tech underpins supplier networks
SUPPLY CHAIN

Five ways tech underpins supplier networks

Here , Helena Jochberger , Global Lead Manufacturing at CGI , outlines ways technology underpins supplier ecosystems .
Connectedness Empowered by the IoT and underlying networks ( 5G , IoT , WiFi ), this is the first and most important aspect of becoming data-driven in the supply chain . Without the capture and provision of data and the downstream storage in the respective data lakes , transparency is not possible .
AI and advanced analytics Once the data has been collected , cleared , and contextualised , the deep analytical work can begin : designing and training the right algorithms in place .
In recent years , large hyperscale platform suppliers have significantly democratised the way predictions can be made . This means that a lot of use cases are already available out of selfservice and enable manufacturers on their path to become data-driven .
Digitised and paperless processes Paper-based processes hinder the supplier system , dampening responsiveness .
Embracing automation processes creates frictionless ways of operating across the supply chain , helping ensure a company remains a partner that people enjoy doing business with .
IT security In times of increased convergence between information and operational technology , it is of utmost importance to secure both the shopfloor and the supply value chains . If not secured properly , the damage caused by a security breach again can disrupt supply demands significantly . Manufacturers can develop cyber strategies that go beyond their boundaries and support safe interactions with the entire supply chain . Factory cloud
Factory clouds coming from the global hyperscaler platform providers helps assure continuity , resilience and scalability f or businesses .
Factory cloud Factory clouds coming from the global hyperscaler platform providers helps assure continuity , resilience and scalability for businesses .
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