Building supply chain resiliency with AI-driven workflows

The most important takeaways

• The "center of gravity" for better supply chains is intelligent processes.
• The future is defined by modern interrelated tendencies.
• Innovation is the first step toward being smart.

The data-driven smart supply chain is powered by intelligent processes.

AI-driven intelligent processes embrace automation and allow for horizontal integration. They provide you a 360-degree view of your supply chain and any possible delays. They also support the vital control tower visibility digital platform. The total of its components is intelligent workflows. Innovators and their counterparts reflect comparable robotics and automation investments and aspirations.

Innovators are creating processes that enable dynamic processes by providing near-instant information.

Innovators have a higher level of optimism than their contemporaries. In terms of responsiveness, agility, agility, and productivity, innovators surpass their opponents substantially. They believe that the labor and money they have put into the project will pay off. They have higher faith in their ability to carry out operations.

Intelligent processes are the "center of gravity" of your supply chain. They're the result of the convergence of five supply chain trends that might assist boost responsiveness and flexibility.

• Customers who receive experiences that are specifically customized to them
• Self-correcting operations
• Flexibility in operating models
• Transparent and ethical networks are those that are both transparent and ethical
• Setups for computing that change throughout time

Security in the supply chain is critical.

Here are some effective supply chain security risk management strategies:

• Assessments of security strategies
• Penetration testing and vulnerability mitigation
• Modernization and digitization
• Identification and encryption of data
• Permissioned data exchange and visibility controls
• Transparency, trust, and provenance
• Risk management via third parties
• Planned and orchestrated incident reaction

Dynamic computing environments include hybrid cloud, platforms, and the edge, and can offer data insights in a secure and timely manner. Hybrid cloud will be included in the technological plans of innovators. Sixty-six percent of innovators also intend to customize their supply chains.

Data-driven intelligent processes and aligning strategy with the five supply chain trends highlighted by our study can enhance supply chains. Organizations can do a better job of nurturing, understanding and responding to such relationships. Over the next three years, 85 percent of all poll respondents want to apply real-time intelligence to processes and networks. The proactive adoption of intelligent processes by this outperforming group can serve as a "North Star" for other businesses. Intelligent processes propelled by data-driven decisions provide for a better supply chain. Innovators are paving the road for a smarter supply chain.

Here are three crucial actions to take.

• Using intelligent processes, accelerate the transformation of the invention into value.
• Attempt to achieve autonomy through automation.
• Give your team agility by providing them with real-time, clear information.