Points of View

EMBRACE DIGITAL TECHNOLOGIES AND DATA-DRIVEN CULTURE TO DRIVE SUPPLY CHAIN TRANSFORMATION

Jul 5, 2019 Tanmoy Mondal

 

In 2012, Amazon filed for a patent named "Method and system for anticipatory package shipping" that explained the shipment of one or more items to a geographical area "without completely specifying the delivery address at the time of shipment, and while the package is in transit, completely specifying the delivery address for the package." The patent paved the way for the technology-enabled, next-generation delivery system often called the digital supply chain. Several factors have increased the complexity of the supply chain, including too many stakeholders, widening geographic coverage, and mass personalization. With the advent of emerging technologies, enterprises such as manufacturers and logistics companies can improve the cost, speed, and responsiveness of their supply chain with better planning, visibility, and control. This PoV explains the characteristics and enabling technologies of the digital supply chain and guides an enterprise’s journey into this space.

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