The second step in implementing a supply chain agenda is to select technologies that are appropriate for your supply chain. This includes systems to manage all of your processes, as well as automation, analytics tools, and artificial intelligence. You should think about your technology in terms of a road map: what do you need today, and what will you need in the future? Do you need modular solutions, or a comprehensive, integrated solution? Do you need on-premise solutions, or cloud-based solutions?
- The second step in implementing a supply chain agenda…is to select the right technologies…for your supply chain.…So let's look at how you can create a technology road map…that aligns with your supply chain strategy.…I tend to think of supply chains in terms of people,…processes and technologies.…And one of the challenges when implementing…supply chain management is to keep all of them aligned…as you make changes.…As companies grow and improve their supply chain processes…go from being ad hoc to standardized to mature.…
You can plan this journey using a tool…called a capability maturity model.…Once you have a plan for how your processes…are going to mature, then you can decide…which technologies you need to have in place…for each step in the journey.…This becomes your technology road map.…Your road map helps to illustrate when and why you need…to make technology investments…in order to implement improvements to your supply chain.…In some cases implementing a technology too soon…can lead to wasted costs and effort,…
- Explore the fundamentals of source inputs within a supply chain.
- Examine the role of returning products in a supply chain.
- Determine how to calculate total costs.
- Explore the role of investing in flexibility when managing a supply chain.
- Discover how to increase visibility with a control tower.
- Identify the role innovation plays in supply chain management.
- Examine how artificial intelligence and machine learning help to monitor supply chain trends.
- Break down the fundamentals of selecting the right technology when implementing a supply chain agenda.
- Determine the best ways to collaborate externally when implementing a supply chain agenda.