Automation has the potential to transform supply chain processes, but organizations lack the correct data about the process to be optimized. Stop spending up to 70% of your time on inefficient manual processes and begin your supply chain automation journey with this handy guide.
TAKE THE FIRST STEP TO PUTTING YOUR SUPPLY CHAIN ON AUTO-PILOT
The supply chain automation journey begins with 3 simple steps:
Ensure you have the RIGHT data
Beware of garbage-in, garbage-out. The segments of your supply chain that most need automation lack structured data.
Systematically capture and resolve exceptions
Automate the discovery, assessment, resolution, and analysis of supply chain exceptions
Focus on one product family or region
Automating the end-to-end supply chain can seem like a daunting task. Start small to drive quicker time-to-value.
"I am extremely proud of the steps Corning has taken over the past few years to optimize supply chain. And with Elementum, built by some of the brightest minds in the industry, we have the levers to be truly agile."
Cheryl Capps
VP of Global Supply Chain, Corning
Why "do nothing" is not an option
For a Fortune 500 company, the impact of supply chain optimizations easily exceeds a billion dollars a year, from higher revenue capture, to drastically reduced inventory and significant productivity gains.
The disruptive nature of automation technologies would also redefine the competitive landscape, with laggards struggling to stay relevant in much the same way that brick-and-mortar stores have fallen in the face of Amazon’s digital dominance.