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Supply Chain Excellence
| Content Provider | Scilit |
|---|---|
| Author | Martin, James William |
| Copyright Year | 2021 |
| Description | Supply chains continue to undergo rapid evolution. Operational capabilities are increasing in ways that were not possible only a few years ago. Some organizations now deliver products or services on the same day as they are ordered based on digitization and advanced inventory models. Energy efficiency and sustainability are now a focus in the context of ethical supply chains. These trends have already been operative in manufacturing and other operations for several years. Global supply chains now have unique IT platforms and applications that integrate with supply chain participants through cloud infrastructure. Previously discussed trends such as customer experience, Big Data, and the other initiatives directly impact global supply chains. RPA and the IoT applications are everywhere. Machine learning and artificial intelligence are being applied across supply chains just as they are in manufacturing and services. Cybersecurity has never been more important because of remote access to sensitive data. Operational changes are being pushed by digital transformations. Nevertheless, the basis for supply chain operations and improvement remain the same: meeting service-level agreements with enough capacity, and reducing lead times and operational cost. Supply chains are becoming more complicated with different transportation modes, changes in laws and regulations, and competition from different directions. The focus is also on enabling the workforce and the importance of effective project management and team virtualization as competitive differentiators. A 404deep understanding of where value is created and reconfiguration of supply chain design will be the key differentiators in an era of global supply chain digitization and competition. Book Name: Operational Excellence |
| Related Links | https://content.taylorfrancis.com/books/download?dac=C2020-0-12731-0&isbn=9781003045250&format=googlePreviewPdf |
| Ending Page | 460 |
| Page Count | 58 |
| Starting Page | 403 |
| DOI | 10.4324/9781003045250-13 |
| Language | English |
| Publisher | Informa UK Limited |
| Publisher Date | 2021-01-27 |
| Access Restriction | Open |
| Subject Keyword | Book Name: Operational Excellence Information Systems Evolution Models Competition Supply Chains Services Digitization Energy Efficiency Differentiators |
| Content Type | Text |
| Resource Type | Chapter |
