Building Resilient and Agile Supply Chains Leveraging Data, Analytics and Automation
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Supply chain challenges and associated risks are growing exponentially. These challenges surface in many forms, like unprecedented fluctuations in demand and supply, sudden disruptions impacting sourcing, manufacturing, and distribution, a proliferation of product offerings, and geopolitical and regulatory changes. These challenges have only intensified during the pandemic. As businesses evolve their supply chains to address the Volatile, uncertain, complex, and ambiguous (VUCA) business environments in which they operate today, they add to the complexities that already exist in their supply chains. These challenges have accelerated supply chain digital transformation initiatives across industries. Data, analytics, and automation tools play a crucial role in the digital transformation tool chest. We hypothesized that SAPinsiders are keen to leverage data, analytics, and automation tools to build resilient and agile supply chains to address operating uncertainties. To validate this hypothesis, SAPinsider surveyed businesses and supply chain professionals within the SAPinsider community on inventory management and optimization aspects from November 2022 to February 2023.