Supply chain digitisation

Supply chain digitization turns your current supply chain processes into digital ones by aggregating information from across your entire supply chain, as well as information from some external sources.

 We deploy the following approach to digitize your supply chain:

  1. Evaluate your current supply chain processes to assess how sustainable and profitable your company will be in the future.
  2. Develop an integral strategy for digitizing your supply chain
  3. Focus on key performance indicators (KPIs) such as reducing costs sustainably and optimizing processes
  4. Research and analyze different digital solutions that can help improve your supply chain processes
  5. Invest in digital capabilities such as automation, data analytics, logistics platforms, the Internet of Things (IoT) and cloud-based technology

what do we do?

Supply chain visibility is the ability to track individual components, sub-assemblies, and final products as they travel from supplier to manufacturer to consumer. This data helps companies maneuver around inventory shortages, avoid bottlenecks, meet compliance directives, and track products through to delivery.

Supply chain visibility tools improve transparency in complex supply chain networks, which increases the quality of the products and services delivered. We help you choose supply chain visibility solutions to optimize inventory levels and transportation activities, which translates to increased profitability.

Integration in a supply chain is the process of bringing together people, systems, and processes into one common platform. Integration is the starting point in a collaborative supply chain. Ideally, there needs to be a degree of integration between the company’s, suppliers’ and logistics operators’ systems to allow verification of the location and status of any order.

Supply chain analytics helps to make data-driven decisions, based on patterns and insights from the massive amounts of data from applications tied to the supply chain, such as procurement, inventory, order, warehouse, and transportation management.

Types of supply chain analytics including descriptive analytics, which provides visibility and a single source of truth across the supply chain; predictive analytics, which helps an organization understand the most likely outcome or future scenario and its business implications; prescriptive analytics, which helps organizations solve problems and collaborate for maximum business value; and cognitive analytics, which helps an organization answer complex questions in natural language.

Supply chain analytics enables to reduce costs and improve margins, better understand risks, increase accuracy in planning. It can also help companies identify where they’re vulnerable and how to avoid preventable problems, find ways to solve problems when they do occur, and uncover opportunities to streamline the supply chain to improve it even further.

 

IoT is widely used to track and monitor the processes in the supply chain. Companies use IoT in supply chain to improve their efficiency and performance.

IoT in supply chain management is deployed for real-time location-tracking, storage condition monitoring, forecasting the movement and the arrival of the product.IoT can also help supply chain managers plan routes, taking into account traffic, weather, possible accidents or other delay-inducing occurrences that happen enroute.

IoT in supply chain management, with the help of devices, collects and analyzes stock levels and inventory positions to better manage. With an IoT-enabled inventory system, you can monitor supply levels in real-time, obtain insight into the status of your inventory, make wise business decisions, and prevent product shortages.

business benefits

how can we help you?

Contact us at 7th Mile Shift office nearest to you or submit a business inquiry or your supply chain challenges online