{"id":9266,"date":"2018-08-21T06:27:29","date_gmt":"2018-08-21T06:27:29","guid":{"rendered":"https:\/\/ca.syspro.com\/blog\/the-digital-supply-chain-part-1\/"},"modified":"2021-03-04T14:50:07","modified_gmt":"2021-03-04T14:50:07","slug":"the-digital-supply-chain-part-1","status":"publish","type":"post","link":"https:\/\/ca.syspro.com\/blog\/erp-and-technology\/the-digital-supply-chain-part-1\/","title":{"rendered":"The Digital Supply Chain (Part 1)"},"content":{"rendered":"<p>When it comes to harnessing the <strong><a href=\"https:\/\/ca.syspro.com\/blog\/erp-and-technology\/creating-cross-generational-business-technology\/\">power of technology<\/a>,<\/strong> not all business functions have been treated with equal priority. In fact, research shows that despite the clear benefits of digitization across all business dimensions, one function in particular has fallen behind: supply chain management. Let\u2019s explore some of the challenges\u2026<\/p>\n<p><!--more--><\/p>\n<p><strong>Lack of Investment <\/strong><\/p>\n<p>Understandably, for many companies, the focus has been on the digitization of marketing efforts, distribution channels, products and services. This has been the competitive trend. However, as markets evolve in response to consumer demand, industry is coming under increasing pressure to prioritize <strong><a href=\"https:\/\/ca.syspro.com\/blog\/erp-for-manufacturing\/digital-supply-networks-are-you-ready\/\">supply chain digitization<\/a> <\/strong>as a means to improving delivery while remaining competitive.<\/p>\n<p><strong>Compartmentalized Planning and Implementation of Digital Strategies<\/strong><\/p>\n<p>Ad hoc, \u201cband-aid\u201d and standalone solutions result in data isolation, inefficiencies and potential integration issues. Where data cannot flow, the need for manual intervention creates unnecessary risk and delays.<\/p>\n<p>Industry leaders have proved that successful digital strategies are comprehensive in nature, incorporating several critical areas such as organizational structure, systems, operations, processes and assets. Apart from streamlining day-to-day operations and reducing risk, centralizing your business intelligence provides for better informed and more effective decision making.<\/p>\n<p><strong>Traditional Thinking is Puting Businesses at Risk<\/strong><\/p>\n<p>Digital disparity between business functions may be partly attributed to disproportionate advancements in technology. <strong><a href=\"https:\/\/ca.syspro.com\/blog\/planning-for-erp-or-purchasing-erp\/choosing-winning-erp-solution\/\">ERP solutions<\/a><\/strong> are considered to be relatively new, as far as business technologies go. Additionally, digitization of the supply chain is a complex undertaking that requires business-wide integration. It\u2019s a big decision, and with the technology still regarded as \u201cyoung\u201d, many have opted to wait before making the move.<\/p>\n<p>However, early adopters of supply chain digitization technologies are reaping significant rewards, with savings in cost, time and resources, alongside a reduced environmental footprint. As a result, the more cautious are being left behind, for what might previously have been considered low risk, judicious decision making.<\/p>\n<p>We have entered Industry 4.0 \u2013 the fourth industrial revolution. The business technology landscape is changing fast, and we need to change our thinking accordingly. How are you changing yours?<\/p>\n","protected":false},"excerpt":{"rendered":"<p><span class=\"span-reading-time rt-reading-time\" style=\"display: block;\"><span class=\"rt-label rt-prefix\">Reading Time: <\/span> <span class=\"rt-time\"> 2<\/span> <span class=\"rt-label rt-postfix\">minutes<\/span><\/span>When it comes to harnessing the power of technology, not all business functions have been treated with equal priority. In fact, research shows that despite the clear benefits of digitization across all business dimensions, one function in particular has fallen behind: supply chain management. Let\u2019s explore some of the challenges\u2026<\/p>\n","protected":false},"author":172,"featured_media":7308,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[126],"tags":[],"class_list":["post-9266","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-erp-and-technology"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.1.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Digital Supply Chain | Digitiziation of Business | ERP Solutions<\/title>\n<meta name=\"description\" content=\"Early adopters of a digital supply chain and digiziation technologies are reaping significant cost, time and resource benefits. Advanced ERP Solutions.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ca.syspro.com\/blog\/erp-and-technology\/the-digital-supply-chain-part-1\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Digital Supply Chain | Digitiziation of Business | ERP Solutions\" \/>\n<meta property=\"og:description\" content=\"Early adopters of a digital supply chain and digiziation technologies are reaping significant cost, time and resource benefits. Advanced ERP Solutions.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ca.syspro.com\/blog\/erp-and-technology\/the-digital-supply-chain-part-1\/\" \/>\n<meta property=\"og:site_name\" content=\"SYSPRO Blog\" \/>\n<meta property=\"article:published_time\" content=\"2018-08-21T06:27:29+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-03-04T14:50:07+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/ca.syspro.com\/blog\/wp-content\/uploads\/2020\/12\/rishal_dsc_part1.png\" \/>\n\t<meta property=\"og:image:width\" content=\"900\" \/>\n\t<meta property=\"og:image:height\" content=\"410\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Rishal Balkissoon\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Rishal Balkissoon\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/ca.syspro.com\/blog\/erp-and-technology\/the-digital-supply-chain-part-1\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/ca.syspro.com\/blog\/erp-and-technology\/the-digital-supply-chain-part-1\/\"},\"author\":{\"name\":\"Rishal Balkissoon\",\"@id\":\"https:\/\/ca.syspro.com\/blog\/#\/schema\/person\/75dde156ac5aef66ad09134e693ed13c\"},\"headline\":\"The Digital Supply Chain (Part 1)\",\"datePublished\":\"2018-08-21T06:27:29+00:00\",\"dateModified\":\"2021-03-04T14:50:07+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/ca.syspro.com\/blog\/erp-and-technology\/the-digital-supply-chain-part-1\/\"},\"wordCount\":340,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/ca.syspro.com\/blog\/#organization\"},\"image\":{\"@id\":\"https:\/\/ca.syspro.com\/blog\/erp-and-technology\/the-digital-supply-chain-part-1\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/ca.syspro.com\/blog\/wp-content\/uploads\/2020\/12\/rishal_dsc_part1.png\",\"articleSection\":[\"ERP and Technology\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/ca.syspro.com\/blog\/erp-and-technology\/the-digital-supply-chain-part-1\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/ca.syspro.com\/blog\/erp-and-technology\/the-digital-supply-chain-part-1\/\",\"url\":\"https:\/\/ca.syspro.com\/blog\/erp-and-technology\/the-digital-supply-chain-part-1\/\",\"name\":\"Digital Supply Chain | Digitiziation of Business | ERP Solutions\",\"isPartOf\":{\"@id\":\"https:\/\/ca.syspro.com\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/ca.syspro.com\/blog\/erp-and-technology\/the-digital-supply-chain-part-1\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/ca.syspro.com\/blog\/erp-and-technology\/the-digital-supply-chain-part-1\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/ca.syspro.com\/blog\/wp-content\/uploads\/2020\/12\/rishal_dsc_part1.png\",\"datePublished\":\"2018-08-21T06:27:29+00:00\",\"dateModified\":\"2021-03-04T14:50:07+00:00\",\"description\":\"Early adopters of a digital supply chain and digiziation technologies are reaping significant cost, time and resource benefits. 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