We’ve been hearing a lot about “live” supply chains — digitized operations that run on real-time data. There’s good reason for this.
Improved supply chain performance is a Top 3 priority of manufacturers, says IDC. Digital commerce networks, advanced analytics, and better integration of supply and demand networks can slash supply chain recovery time in half. Digital technology can cut innovation costs by 10% and new-product lead times by 30%. In fact, one-third of today’s manufacturing leaders will be disrupted by digitally enabled competitors by 2018.
