New production methods, consumption behaviors, and demands are putting supply chains to the test. The modern-day supply chain needs to support a global, interconnected network of assets, data, and processes. But the question remains: How can manufacturers modernize now?
The missing piece in your supply chain
Today’s supply chain management (SCM) is intelligent, digital, and customer-centric. It allows manufacturers to innovate, improve the customer experience, and manage the full supply chain. So, what’s the missing piece that paves the way to a more modernized approach?
Many manufacturers have the necessary data, systems, and tools to innovate. But, the tools are inefficient if they are unable to communicate with each other. The missing piece to SCM is a unifying platform that integrates data, automates processes, and delivers success now.
Why is a modern supply chain important, and how do we get there?
Integrations create an autonomous supply chain – one that is digital, fluid, and able to adjust to changes. It automates processes and workflows that reduce stakeholder touch points and human error. Modern SCM helps manufacturers to streamline their end-to-end operation and reduce costs.
The first step to a modern supply chain is to identify if existing processes and systems are creating limitations. For many manufacturers, this evaluation returns questions about their complex infrastructure. But, making changes to customer-centric operations comes with valid hesitations. Any new change should not jeopardize efficient output and production goals.
So really, why is modern SCM important now? We’ve compiled three core reasons.
Time is limited
As businesses aim to scale, there is no tolerance for disruptions in the supply chain. The inability to integrate data and view it in real-time can impact business decisions and introduce delays. Real-time data displays up-to-the-minute customer needs and helps combat any potential bottlenecks across the supply stream. Without this visibility, the length of time from product conception to release to market often slows down.
Efficiency and productivity is the currency
An efficient supply chain can cut logistics costs and maximize profits. Productivity is a measure of efficiency. A lower defect rate lends to higher output efficiency and cost savings. This equation poses the question: How can companies do more with less?
Leading manufacturers are operating from digital supply headquarters
To move from a traditional supply chain to a modern supply chain, manufacturers must operate from their digital headquarters. This creates data visibility in real-time by connecting systems across the enterprise. As a result, decisions become easier, anomalies are flagged automatically, and teams can focus on the most critical needs.
Take the next step toward modern SCM
MuleSoft can help you create your own digital headquarters. Our unique platform can help you innovate with automation and speed up time to market with confidence. Learn how to build a modern supply chain through enterprise-wide integrations. A digital supply headquarters builds a foundation for success now in manufacturing.