CARGOCONNECT-AUGUST2024 - Flipbook - Page 53
FUTURE SUPPLY CHAIN : FEATURE
In the modern business landscape, digitisation
has become a pivotal factor in transforming
supply chains. Fundamentally, digitisation
means optimising operations through
advanced solutions such as Internet of Things
(IoT), Artificial Intelligence (AI), data analytics,
and cloud computing. The overarching goal is
to enhance agility, visibility, and efficiency
in the supply chain while reducing costs and
minimising the likelihood of errors, driving
enterprise competitiveness through service
robustness. Despite heavy investments by
global companies in advanced technologies,
many struggle to fully capitalise on these
investments. The key to unlocking the benefits
of digitisation lies in aligning technological
advancements with the necessary talent and
organisational changes required to thrive
in a rapidly evolving environment, writes
SANDHYA JHA...
CARGOCONNECT AUGUST 2024 | 53
