According to the report "Connected & Autonomous Supply Chains2025", lthe firm PWC delivers its vision of supply chain evolution to 2025, through a survey of supply chain executives around the world. A focus is made on on thes countries Nordic countriess : sOnly 8% of Nordic companies have end-to-end supply chain planning in place, while 72% of the Nordic companies have it in place. "championss digital champions" have already put it in place.
So where are we at the halfway point in 2023?
Do you consider your company a "digital innovator" or "digital champion"?
Most B2B supply chains have been affected by the aftermath of the pandemic. A fourth industrial revolution is underway, with the rise of technology in all dimensions of the enterprise.
Retailers and fashion brands want to be even more customer-centric, but to meet their expectations, they face challenges in managing their suppliers, such as contingency plans, quality compliance, logistical disruptions. Suppliers are becoming partners rather than just stakeholders.
A transformation program has become essential in a volatile environment. Linear supply chain models no longer apply to market demands and companies are looking for autonomous and connected ecosystems where all supply chain partners meet and contribute in real time.
All relevant internal functions will be connected using a common data network, from R&D to procurement, manufacturing, logistics, marketing and sales. This means that data is always available throughout the supply chain. The study shows that most companies have gone down this path and invested in new supply chain technologies and organizational models, and the"digital champions" are far ahead. They have invested in advanced supply chain technologies and will continue to do so.
Technology is key to making this transformation possible: it enables dynamic tracking of operations, from order receipt to raw material procurement, through production, delivery and even, reverse flows, where companies become responsible for taking back products at end of life.
The benefits are visible in the short term with increased profitability and better asset utilization, and "digital champions" clearly see the benefits of supply chain optimization to drive improvements across their business. The key success factors for such a project are engaging people in process evolution and change management, solution selection and scalability.
Our e-SCM solution, dedicated to supply chain management for fashion and apparel, provides a single platform to connect your partner ecosystem and cover the entire process: order confirmation / production tracking / shipment management / delivery. It can be synchronized with ERP software and automatically connected to freight forwarders throughAPIs.
Our customers such as Hummel, Rip Curl, Eden Park, have adopted our e-SCM solution , allowing to integrate all partners and to follow the supply until the delivery in the warehouse.