2020 was the year that supply chains were tested on their adaptability in the face of disruption. According to a Forrester study, while earlier, 85% of businesses saw digital as something “nice to have”, in 2020, every company considered it critical to business success. In 2021, businesses are expected to increasingly utilise digital technologies for reinventing and optimising processes.
Digital technologies such as AI and ML offer enormous benefits. Through supply chain process automation, businesses can leverage machine logic for intelligent decision-making while ensuring uninterrupted operations. By automating and optimising repeatable planning processes, such as dispatch and production planning, businesses can
- Optimise multiple objective functions, including costs, order fulfilment, etc.
- Eliminate errors
- Reduce planning turnaround times