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Supply Chain Management Digital Transformation

oboloo Glossary

Supply Chain Management Digital Transformation

Supply Chain Management Digital Transformation (SCM-DT) is the process of leveraging technology such as analytics, Internet of Things (IoT), Artificial Intelligence (AI), digital platforms, and mobile devices to improve supply chain efficiency and to realize gains in performance across procurement, operations, logistics, and customer service. It also aims to create a more connected enterprise that allows stakeholders to collaborate more effectively and leverage data-driven insights to make smarter decisions. SCM-DT can create brighter economic outcomes for those in the supply chain by improving visibility, optimizing operations, and developing a greater understanding of customers’ needs. In short, it helps to reduce risk and increase profits – so everyone wins!

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