 Unlocking the Hidden, Data-Driven Potential of the Supply ChainStefan Asenkerschbaumer ()
A chapter in Digital Business Models in Industrial Ecosystems, 2021, pp 35-46 from Springer Abstract: Abstract Even though a digitalized supply chain can be a veritable driver of performance, industry is still doing far too little to unlock the potential that is hidden in a data-driven supply chain. Yet for any company that seizes this opportunity and systematically exploits the wealth of supply-chain data, an enduring competitive advantage beckons. The game-changer is an end-to-end supply chain, based on standardization and data transparency, that permits largely automated, AI-assisted, and highly efficient planning processes. In this respect, supply-chain planning and production scheduling go hand in hand as building blocks of the factory of the future, whose operations are digitalized and highly flexible. There are four fundamental elements for achieving this: Leadership and associates—empowerment The design of end-to-end processes The use of digital interfaces to manage partners Data security Combining cross-company and company-internal digitalization projects can play a major part in making processes more robust, conserving resources, enhancing flexibility, and making the supply chain future-proof. Date: 2021 There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it. Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:spr:fuobcp:978-3-030-82003-9_3 Ordering information: This item can be ordered from DOI: 10.1007/978-3-030-82003-9_3 Access Statistics for this chapter More chapters in Future of Business and Finance from Springer |
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