SupplyChain Magazine November 2018 | Page 39

CLICK TO WATCH : EY SMART FACTORY 39
In particular , EY ’ s Integrated Digital Planning , Smart Factory , and Digital Fulfilment solutions are asset-backed with our own IP and methods ; we think it also makes sense to leverage JDA ’ s best-in-class software to help organizsations build self-learning supply chains .” With consumer demand changing , Steinberg notes product life cycles are shorter , the ramp-up and ramp-down periods are more intense , and as result more flexibility is required for the supply chain to respond . He believes more inventory is not the answer and points to the network value chain where the new technologies will come in . He admits “ not everyone ’ s there yet ” so where does the industry begin to tackle the skills gap in order to flourish ? “ That ’ s where outsourcing will happen . You can ’ t obtain and attract all the people you need . You ’ ve got to remember what your core competency is as a business and be willing to enter into partnerships and ecosystems . The people side of this whole digital transformation should not be overlooked either . There ’ s the operating
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