Supply chains can become fragile and broken. Managing abrupt changes in the manufacturing environment — both planned and unplanned — is among the key benefits of the digital enterprise.
Analyst Insight: With fierce global competition and changing regulations in the food and beverage industry, the speed at which enterprises can react and adapt is imperative to their success. Digital solutions that provide supply-chain visibility from field to factory, distributor and customer have disruptive potential. These solutions generate a tremendous amount of data that can be harvested and used to optimize processes, identify risks, and improve quality in real time.
Analyst Insight: Eighty-three percent of participants in APQC’s quick poll research report that their supply chains are undergoing digital transformation. Yet despite the widespread embrace of this major organizational change, digital transformation in many supply chains suffers from the lack of a consistent definition and overarching strategy. As a result, rather than realizing the strategic integration of multiple technologies, too many organizations are solving discrete business problems with one-off digital solutions.
Despite the super-hype around technologies like artificial intelligence and the internet of things, many companies still rely on paper and spreadsheets to complete critical tasks.
As consumers become more eco-conscious, they push brands to adopt more sustainable practices. Many have responded by increasing their reliance on returnable industrial packaging.