The ultimate control tower is the gateway to more dynamic supply chain agility
Mark Holmes
Additional contact information
Mark Holmes: InterSystems, USA
Journal of Supply Chain Management, Logistics and Procurement, 2023, vol. 5, issue 3, 212-219
Abstract:
Strains on global supply chains have exposed more than ever the need for global businesses to have greater visibility, control and a chameleon-like ability to adapt to any new situation rapidly. Organisations need an in-built ability to reconfigure to unforeseen disruptions arising from anything from geo-political events to a sudden change in consumer taste. Over the years, companies have tried different approaches to this challenge, hoping to gain that elusive level of consistency in a unified view of their supply chain data that will support all their needs. Each has run into problems, with the current shortage of data science expertise a difficulty all must overcome. This paper explains how the ultimate control tower has emerged as a highly effective approach, providing the connective tissue that global organisations need. It enables them to exploit data from their dynamic supply chain to better-inform decisions with immediate positive impact. Based on the four pillars of see, understand, optimise and act, this approach is already delivering for major companies with extended global supply chains. Using real-world examples, the paper explains how organisations deploying the ultimate control tower are achieving resilience and shape-shifting agility that enable them to excel in highly dynamic markets amid many challenges. Organisations are able to move from linear to much more supple digital and collaborative models. They can embed on-demand analytics capabilities and machine learning (ML), making it faster and easier to gain new insights and intelligent predictive and prescriptive capabilities.
Keywords: ultimate control tower; supply chain analytics; connective tissue; predictive analytics; smart data fabric (search for similar items in EconPapers)
JEL-codes: L23 M11 (search for similar items in EconPapers)
Date: 2023
References: Add references at CitEc
Citations:
Downloads: (external link)
https://hstalks.com/article/7595/download/ (application/pdf)
https://hstalks.com/article/7595/ (text/html)
Requires a paid subscription for full access.
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:aza:jscm00:y:2023:v:5:i:3:p:212-219
Access Statistics for this article
More articles in Journal of Supply Chain Management, Logistics and Procurement from Henry Stewart Publications
Bibliographic data for series maintained by Henry Stewart Talks ().