In today’s complex world, it is short of a miracle how we have been able to create global supply chains that move products across the globe at breakneck speed. However, the current pandemic has also shown how vulnerable our global supply chains are.
Those companies who had not updated their supply chain to the digital era before the start of this pandemic faced a lot more difficulties in adjusting to the new normal than those companies with a digitally optimised supply chain. Digital has become a prerequisite for supply chains.
Last week, I spoke with Pieter Van den Broecke – Managing Director The Netherlands, Belgium and Germany for Manhattan Associates – in the run-up to Manhattan Exchange Connect, to discuss some of his thoughts about the supply chain of tomorrow and how it will look fundamentally different from those many organisations are still running today.
The (Slow) Speed of Information
Currently, many physical supply chains are moving very slowly, often a lot slower than goods can travel physically through the supply chain. The reason being is not that a truck or train is driving slowly, but it is because of information flowing slower than physical goods. Many processes are still done on papers and ...
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