Building a digital supply chain that is “fit for the future” is harder than it seems. Disruptions are sometimes unavoidable and can have a long lasting impact on growth, success and ultimately, your bottom line. So what’s the answer? You’ve heard of Industry 4.0, and probably Supply Chain 4.0 but what about Supply Chain 5.0? Join us to find out the role that automation plays in digitising your supply chain and increasing resilience.
Over recent years, several technologies have emerged that are changing traditional ways of working. On top of this, mega trends and customer expectations change the game, the rules and the players. Disruptions are happening as frequently as ever, and supply chains are bearing the brunt of the action. Besides the need to adapt to these (doom and gloom) changes, supply chains also have the opportunity to reach the next level of operational effectiveness, to leverage emerging digital supply chain business models, and to transform the company into a digital supply chain.
Supply Chain 4.0 is summarised by Mckinsey and seems simple; “place sensors in everything, create networks everywhere, automate anything, and analyze everything to significantly improve performance and customer satisfaction.” In the end, improvements enable a step change in service, cost, capital, and agility, so let’s face it- who wouldn’t want to move in that direction, and even beyond?
Date:
July 15th
Time:
12PM BST
