《10xDS:供应链转型报告(英文版)(19页).pdf》由会员分享,可在线阅读,更多相关《10xDS:供应链转型报告(英文版)(19页).pdf(19页珍藏版)》请在三个皮匠报告上搜索。
1、Supply Chain TransformationBy means of Automation,Analytics and AI Exponential Digital Solutions CONTENT03Executive Summary 04Defining Supply Chain Transformation 05Key challenges facing supply chains across industries07Identifying areas for improvement in your current supply chain09Technology as an
2、 enabler14Measuring the success of your transformation15Case studies17Future of supply chain management and emerging trendsExponential Digital Solutions|218ConclusionExecutiveSummary Exponential Digital Solutions|The goal is to help readers understand the benefjts of supply chain transformation and
3、guide them through the process of implementing it in their own organizations.The eBook details areas in which a supply chain can be improved,including technology and automation,resilience and adaptability,and data and analytics.It should also provide readers with practical insights,best practices,an
4、d case studies of successful supply chain transformations,as well as discuss the future of supply chain management and emerging trends.3Defining Supply Chain Transformation Supply chain transformation is the process of improving and modernizing a companys supply chain to increase effjciency,reduce c
5、osts,improve customer service,and gain a competitive advantage.This can include changes to processes,technologies,and organizational structures.The goal of supply chain transformation is to optimize the fmow of goods,information,and resources throughout the entire supply chain.This includes everythi
6、ng from the sourcing of raw materials to the delivery of fjnished products to customers.It also involves aligning the supply chain with the overall strategy and goals of the organization.The process of supply chain transformation typically includes identifying areas for improvement,implementing new
7、technologies,building a more resilient and adaptive supply chain,and managing and measuring success.It often involves a signifjcant change to the way the company operates and requires a signifjcant investment of time,money,and resources.Supply chain transformation can be driven by various factors,su
8、ch as market changes,new technologies,increased competition,and changes in customer expectations.It is an ongoing process that helps companies keep pace with the rapidly changing business environment and stay competitive in the long run.In order to stay competitive,companies must modernize and impro
9、ve their supply chains.Exponential Digital Solutions|4Key PointersSupply chain management is critical to the success of any organization.The fast-paced business environment and the rise of e-commerce have led to increased competition and changing customer expectations.0102In order to stay competitiv
10、e,companies must modernize and improve their supply chains.0304Supply chain transformation is the process of improving and updating a companys supply chain to increase effjciency,reduce costs,improve customer service,and gain a competitive advantage.Supply chain transformation includes identifying a
11、reas for improvement,implementing new technologies,building a more resilient and adaptive supply chain,and managing and measuring success.05Exponential Digital Solutions|5Key challenges facing supply chains across industriesAs supply chains are complex networks of activities,people,information,and r
12、esources that are involved in the creation and delivery of a product or service,supply chain management is crucial to the success of many industries,but it faces many challenges,and these challenges can lead to decreased effjciency,reduced profjtability,and decreased customer satisfaction.Globalizat
13、ionWith the rise of e-commerce and increased competition,companies are facing pressure to expand their operations globally.This can lead to complex and far-reaching supply chains that are diffjcult to manage and control.Volatility and uncertaintyThe rapidly changing business environment and politica
14、l landscape can create uncertainty and volatility in the supply chain.This can make it diffjcult for companies to plan and respond to disruptions.Sustainability and complianceCompanies are facing increased pressure to operate in a sustainable and compliant manner.This can add additional complexity t
15、o supply chain operations and increase costs.Major challenges are:Exponential Digital Solutions|6Lack of visibility and transparencyWith complex and far-reaching supply chains,it can be diffjcult for companies to have visibility and transparency into the entire supply chain.This can make it diffjcul
16、t to identify and address problems and opportunities.Technology and automationWith the advent of new technologies such as IoT,AI,and blockchain,companies are facing pressure to adopt new technologies to improve effjciency and stay competitive.But the adoption of these new technologies can be challen
17、ging and requires signifjcant investment.Talent and skillsThere is a shortage of skilled professionals with supply chain expertise,and this can lead to diffjculties in fjnding and retaining the right talent to manage and improve supply chains.CybersecurityThe interconnectivity of the digital supply
18、chains also poses a risk for cyber attacks,which can cause signifjcant damage to supply chain operations and reputation.Risk ManagementWith the increasing complexity of supply chains,it is becoming more diffjcult to manage and mitigate risks,such as supply chain disruptions,natural disasters,politic
19、al instability and other factors that can affect the supply chain.In order to overcome these challenges,organizations must adopt innovative and adaptive approaches to supply chain management that can help them achieve their business goals.Exponential Digital Solutions|Identifying areas for improveme
20、nt in your current supply chainIdentifying areas of improvement in a current supply chain is a crucial step in the process of optimizing supply chain performance and driving business success.This process involves analyzing and evaluating all aspects of the supply chain,from procurement and productio
21、n to delivery and customer service.By doing so,organizations can identify ineffjciencies,bottlenecks,and opportunities for cost savings and improvement.The goal is to identify areas where changes can be made to streamline processes,increase effjciency,and ultimately enhance customer satisfaction and
22、 business performance.Some common areas of improvement include reducing lead times,improving inventory management,enhancing collaboration and communication among supply chain partners,and leveraging technology to increase visibility and control.By continuously evaluating and improving their supply c
23、hains,organizations can stay ahead of the competition and remain responsive to changing market conditions.7Conducting a supply chain auditA supply chain audit involves reviewing all aspects of the supply chain,including processes,technologies,and organizational structures.This can help identify area
24、s where the supply chain is ineffjcient or can be improved.1Analyzing key performance indicators(KPIs)By tracking and analyzing key performance indicators,such as delivery times,inventory levels,and customer satisfaction,it is possible to identify areas where the supply chain is performing poorly an
25、d needs improvement.2Engaging with customers and suppliersBy engaging with customers and suppliers,it is possible to gain insights into areas of the supply chain that are causing problems or leading to dissatisfaction.3Exponential Digital Solutions|8Benchmarking against industry standardsBy comparin
26、g a companys supply chain performance to industry standards,it is possible to identify areas where the company is underperforming and needs to improve.4Utilizing data and analyticsBy collecting and analyzing data from across the supply chain,it is possible to identify patterns and trends that can re
27、veal areas for improvement.5Conducting a risk assessmentBy identifying and assessing the risks that could disrupt supply chain operations,it is possible to identify areas where the supply chain is vulnerable and needs improvement.6Consulting external expertsBy consulting with external experts,such a
28、s supply chain consultants or industry experts,it is possible to gain insights and perspectives on the supply chain that may not be immediately apparent.7It is important to note that identifying areas for improvement is an ongoing process that requires continuous monitoring and evaluation.It is also
29、 necessary to prioritize the areas that require improvement based on their impact on supply chain performance.Exponential Digital Solutions|9Technology as an enablerImplementing new technologies and automation can be a key component in transforming a supply chain.The following are some steps that ca
30、n be taken to achieve this:Assess current operationsA thorough evaluation of the current supply chain operations will help identify areas where technology and automation can be implemented to improve effjciency,reduce costs,and increase fmexibility.Identify specifjc technologies:Based on the assessm
31、ent,specifjc technologies can be identifjed that can improve operations in areas such as logistics,inventory management,and data analysis.Develop a planA plan should be developed that outlines the specifjc steps that need to be taken to implement the new technologies and automation,including timelin
32、es,resources required,and potential challenges.A plan should be developed that outlines the specifjc steps that need to be taken to implement the new technologies and automation,including timelines,resources required,and potential challenges.Implement and testThe new technologies and automation shou
33、ld be implemented and tested in a pilot programme before being rolled out to the entire supply chain.This will help identify and address any issues before they become major problemsMonitor and measureThe performance of the new technologies and automation should be monitored and measured to ensure th
34、ey are achieving the desired results.This will help identify areas where further improvements can be made.Continuously improveReview and improve new technologies and automation on a regular basis to ensure they are meeting the changing needs of the supply chain,and adapt to new technologies or trend
35、s.It is important to work with experienced and specialized partners and vendors to ensure a smooth implementation and integration of new technologies and automation in the supply chain.Exponential Digital Solutions|10Supply chain transformation involves implementing new and innovative technologies t
36、o improve processes,increase efficiency,and drive business success.There are many different technologies that can be considered for supply chain transformation,depending on the specific needs of the organisation.Artificial Intelligence(AI)and Machine Learning(ML)These technologies can help organisat
37、ions make better decisions,automate processes,and improve forecasting accuracy.01Demand forecastingAI and ML algorithms can be used to analyse historical sales data and other relevant factors to predict future demand,helping organisations optimise inventory levels and reduce stockouts.Inventory opti
38、mizationAI and ML algorithms can be used to optimize inventory levels,reducing the risk of stockouts while also reducing the costs associated with carrying excess inventory.Delivery optimizationAI and ML algorithms can be used to optimize delivery routes,reducing delivery times and costs while also
39、improving customer satisfaction.Supply chain visibilityAI and ML algorithms can be used to provide real-time visibility into supply chain operations,enabling organizations to respond quickly to changes in demand or other factors that impact the supply chainFraud detectionAI and ML algorithms can be
40、used to detect fraud and reduce the risk of loss,improving supply chain security and protecting against losses.Predictive maintenanceAI and ML algorithms can be used to predict when equipment is likely to fail,enabling organizations to proactively schedule maintenance and reduce downtime.Some of the
41、 key technologies to consider include:Exponential Digital Solutions|11BlockchainBlockchain technology has the potential to revolutionize supply chain management by providing a secure,decentralized,and transparent way of tracking and verifying transactions.Here are some of the key applications of blo
42、ckchain for supply chain transformation.Blockchain enables organizations to track the journey of a product from its origin to its fjnal destination,providing a tamper-proof record of all transactions along the way.This helps to increase transparency and accountability in the supply chain and can als
43、o help to reduce fraud and counterfeiting.It can also be used to manage contracts and automate payments,reducing the risk of fraud and speeding up payment processing times.02Internet of Things(IoT)03IoT devices can provide real-time tracking and monitoring of goods in transit,helping organizations t
44、o improve visibility and reduce the risk of lost or damaged products.Areas of applications are Inventory management Delivery tracking Predictive maintenance Quality control Energy management Supply chain visibilityRobotic Process Automation(RPA)04RPA can automate repetitive,manual tasks,freeing up e
45、mployees to focus on more strategic activities and improving effjciency and accuracy across multiple areasProcurementData entry,invoice processing,and purchase order creationInventory managementTracking inventory levels,reordering products,and updating inventory records LogisticsTracking shipments,u
46、pdating delivery status,and generating shipping reportsExponential Digital Solutions|12Exponential Digital Solutions|12Supply chain planningGenerating demand forecasts,developing production plans,and optimizing the supply chain networkCompliance Tracking and reporting on supply chain compliance05Clo
47、ud ComputingCloud computing can provide access to data and applications from anywhere,allowing for real-time collaboration and decision-making among supply chain partners.Some of the ways cloud computing can help with supply chain transformation include:Improved collaboration:Cloud computing enables
48、 organisations to share data and collaborate in real-time,regardless of location.This can lead to improved communication and coordination throughout the supply chain,reducing errors and increasing effjciency.Increased scalabilityCloud computing allows organizations to scale their IT infrastructure u
49、p or down as needed,providing the fmexibility to handle fmuctuations in demand and ensuring that resources are always available when they are needed.Enhanced visibility:With cloud computing,organisations can access real-time data and analytics from anywhere at any time,providing improved visibility
50、into supply chain operations.This can help organisations make informed decisions and respond quickly to changes in demand or other factors that impact the supply chain.Lower costs:By leveraging the shared infrastructure and economies of scale of the cloud,organizations can reduce their IT costs and
51、allocate more resources to other areas of the business.Increased agilityWith cloud computing,organizations can rapidly deploy new technologies and solutions to support their supply chain operations,increasing their agility and ability to respond to changes in the market.13Exponential Digital Solutio
52、ns|1306Advanced AnalyticsAdvanced analytics can help organizations extract valuable insights from large amounts of data,allowing them to make better decisions and improve performance.Algorithms that take into account factors such as seasonality,promotions,and economic conditions help with accurate d
53、emand forecasts.Demand forecasting can also be used to optimize inventory levels,resulting in fewer stockouts and excess inventory.Models could also be worked out to optimize its supply chain network,reducing delivery times and costsThe key to successful supply chain transformation is to choose the
54、technologies that are most relevant and benefjcial to the specifjc needs of the organization,and to implement them in a strategic and well-planned manner.Exponential Digital Solutions|14Measuring the success of your transformationManaging and measuring the success of a supply chain transformation ca
55、n be a complex process.However,it can be broken down into a few key steps:Define key performance indicators(KPIs)Start by defjning what success looks like in terms of supply chain performance.Identify the KPIs that are most relevant to your organization,such as on-time delivery,inventory turnover,or
56、der accuracy,and cost reduction.Set targetsOnce you have identifjed your KPIs,set target values for each one.These targets should be specifjc,measurable,and achievable within the timeframe of your transformation.Implement metrics trackingTo accurately measure success,you need to have a system in pla
57、ce for tracking your KPIs.This could involve using software,manual tracking methods,or a combination of both.Evaluate overall successFinally,once the transformation has been implemented,evaluate its overall success based on the KPIs you defjned at the start.This will help you understand how well the
58、 transformation has delivered on its goals and objectives.Regular monitoringRegularly monitor your KPIs to track progress and identify areas where improvement is needed.This should be done on a regular basis,such as monthly or quarterly,to ensure that your supply chain transformation remains on trac
59、kAdjust and optimizeBased on the data you collect,make any necessary adjustments to your supply chain processes and operations to optimize performance and reach your targets.Its important to keep in mind that a successful supply chain transformation is not just about achieving short-term results,but
60、 also about creating a sustainable and effjcient supply chain that can adapt to changing conditions over time.Exponential Digital Solutions|15Case studies Internet of Thing(IoT)Walmart has a massive and complex supply chain,with thousands of products moving through its distribution centres and store
61、s every day.In order to improve effjciency and increase visibility,Walmart began implementing IoT technology in its supply chain.One of the key ways Walmart has used IoT technology is through the use of IoT sensors and RFID(Radio-Frequency Identifjcation)tags on products.These sensors and tags provi
62、de real-time information on the location and condition of products as they move through the supply chain,helping Walmart to more effectively manage inventory levels and reduce the risk of lost or damaged products.Another way Walmart has used IoT technology is through the use of IoT-enabled trucks an
63、d trailers.These vehicles are equipped with sensors that provide real-time information on their location,speed,and condition,helping Walmart to more effectively manage transportation operations and reduce the risk of delayed deliveries.By using IoT technology in its supply chain,Walmart has been abl
64、e to increase effjciency,improve visibility,and enhance customer satisfaction.The company has been able to reduce lead times,improve inventory management,and reduce the risk of lost or damaged products.These improvements have helped Walmart stay ahead of the competition and continue to be a leader i
65、n the retail industry.Exponential Digital Solutions|15Exponential Digital Solutions|16Robotic Process Automation(RPA)By implementing RPA,DHL Supply Chain was able to automate the invoice processing process.The RPA bots were able to capture and extract data from invoices,validate the data,and then au
66、tomatically enter it into the companys systems.This automation not only reduced the time required to process invoices,but it also reduced the risk of errors,resulting in more accurate fjnancial reporting.In addition to automating invoice processing,DHL Supply Chain also used RPA to automate other ma
67、nual tasks,such as data entry and report generation.This automation has helped the company to reduce costs,improve effjciency,and enhance customer satisfaction.AI and MLIBM has used machine learning to improve its logistics operations.By analysing data from its logistics network,including delivery t
68、imes,shipping routes,and delivery locations,the company can optimise its routes and delivery schedules.This has helped IBM reduce delivery times,improve customer satisfaction,and reduce its carbon footprint by minimizing the distance traveled by its delivery vehicles.IBM has used artifjcial intellig
69、ence to automate many of its supply chain management processes.By analysing data from across the supply chain,the company can automate tasks such as order management,inventory management,and demand forecasting.This has enabled IBM to reduce costs,increase effjciency,and improve the accuracy of its s
70、upply chain operations.The future of supply chain management is rapidly evolving,driven by advances in technology and changing customer demands.Here are some of the key trends and emerging technologies that are shaping the future of supply chain management:Future Of Supply Chain Management And Emerg
71、ing TrendsAutonomous vehiclesautonomous vehicles and drones are emerging as key technologies in supply chain management,providing organizations with new opportunities to optimize delivery routes,reduce costs,and improve delivery times.SustainabilityAs customers and organizations seek to reduce their
72、 environmental impact and adopt more sustainable practices,sustainability is becoming an increasingly important issue in supply chain management.By reducing the need for large inventory holdings and transportation,3D printing can help organizations reduce their carbon footprint and improve their sus
73、tainability.Exponential Digital Solutions|17Digital twinsDigital twins are digital replicas of physical products and supply chain assets that can be used in real-time simulation and analysis of supply chain operations.3D Printing3D printing can help organizations reduce lead times and increase agili
74、ty by allowing them to quickly produce parts and prototypes on demand.3D printing allows organizations to quickly produce parts and components on-demand,reducing lead times and increasing their ability to respond to changes in demand.By producing parts and components on demand,organizations can redu
75、ce the need for large inventory holdings,reducing costs and improving cash fmow.3D printing enables organizations to rapidly prototype and test new product designs,improving product development times and reducing the risk of product failures.It also allows organizations to produce customized parts a
76、nd components on-demand,improving customer satisfaction and enabling organizations to differentiate themselves in the market.Exponential Digital Solutions|18Exponential Digital Solutions|18ConclusionIn conclusion,supply chain transformation is an ongoing process that requires continuous improvement
77、and adaptation to changing market conditions,customer demands,and technological advancements.To achieve and maintain success in supply chain transformation,organizations should consider the following next steps:By monitoring performance metrics,encouraging collaboration,embracing technology,investin
78、g in talent,and developing a roadmap,organizations can ensure that they are well positioned to achieve and maintain success in their supply chain operations.Exponential Digital Solutions(10 xDS)is a new age organization where traditional consulting converges with digital technologies and innovative
79、solutions.With an expert team having diverse experiences and backgrounds,10 xDS is committed towards partnering with clients to augment their performances and help them realize their most important goals by harnessing a blend of automation,analytics,AI and all thats“New”in the emerging exponential t
80、echnologies.Today,we are treading an exponential path of growth,delivering many successful and transformative engagements,designing and creating new business models,business advisory partnerships and center-of-excellences!About UTMExponential Digital Solutions W.L.L.Offjce No:1015,Building No.361,Ro
81、ad 1705,Block 317,Diplomatic Area,Manama,Kingdom of Bahrain +973 32 06 9393ManamaExponential Digital Solutions Pvt.Ltd.Module 1,Lower Ground Floor,Park Centre,Technopark,Trivandrum-695 581 +91 471 254 4210TrivandrumExponential Digital Solutions Pvt.Ltd.Offjce 1,Wing 2,4th Floor,Jyothirmaya,Infopark Phase 2,Brahmapuram,Kochi-682 303 +91 471 254 4210UAEBahrainIndiaKochiTransformation Technology Solutions P.O Box 127432,11th Floor,Al Wahda Commercial Tower,Hazaa bin Zayed 1st Street,Abu Dhabi,UAE +971 506 577 193Abu Dhabi