Supply Chain Built for Competitive Advantage – Part 1
In an era defined by disruption, organizations must be able to respond quickly to changing business needs and customer demands. In the past few years alone, a trifecta of events—the pandemic, political turmoil, and natural disasters—have wreaked havoc on the supply and demand equation, challenging organizations to rethink their supply chains so that they might build the visibility and flexibility needed to become more resilient. In fact, an October 2022 survey of 189 executives by Harvard Business Review Analytic Services finds that 94% of executives say supply chain operations are a higher priority for organizations today than they were three years ago. What’s more, nearly all (97%) respondents strongly or somewhat agree that having a resilient supply chain positively impacts a company’s bottom line.
Yet, for many organizations, challenges abound, from technological issues to an absence of qualified talent. For instance, while 90% of respondents believe a modern and fully integrated digital infrastructure supporting the supply chain is critical to business success, many organizations continue to rely on bloated legacy systems and a one-off approach to supply chain operations. This complex and fragmented IT environment can hamper the real-time decision making required to anticipate disruptions—whether a natural disaster or a geopolitical event—and solve problems proactively.
If you’re ready to address these supply chain challenges with modern ERP, give us a call now. David Blumentals, Director, Dynamics 365 Practice, David@d365.Global, +61 409 245 354. supply chain management
