With the adoption of digital and “Business 4.0” technologies, one can only hope that supply-chain visibility will “cross the chasm” from early adoption to early majority in 2021.
The year 2021 is expected to be a turning point for enterprise resource planning (ERP) business applications, as the pandemic has exposed vulnerabilities resulting from ERP’s functionally siloed architecture.
Companies today have access to an abundance of data sources and advanced analytics, which are bringing forth new approaches to planning and modeling, with the goal of optimizing product flow throughout markets.