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Skim the latest supply chain news and you’ll find headlines spanning disruptions, backlogs, shipping delays, soaring prices, and changing consumer habits. “Supply chain complexity” is a popular search term as businesses explore technologies that will enable them to better manage risk and uncertainty. We’ve discussed how supply chain visibility is the foundation to building a successful technology strategy – but what is the ultimate aim?
Certainly, the “perfect order” – on time and in full (OTIF) delivery at the lowest possible cost – is the gold standard from a business perspective. From a technological perspective, the systems that will best help us reach those aims are intelligent cloud platforms with artificial intelligence (AI), machine learning (ML), and deep learning (DL) capabilities.