Whether in manufacturing, logistics, healthcare, or retail – supply chains across industries share many similar challenges, albeit with a good dose of specialization. For the most part, most supply chain professionals are trying to resolve issues like:
- A complex and growing trading partner community with siloed data
- Quickly growing volumes of structured, unstructured, and dark data
- Lack of visibility into issues and potential disruptions
- Lack of insights into business processes and performance
- No single source of truth of information about transactions
- Outdated or underperforming legacy software
- Unacceptable downtime and missed SLAs
- Limited in-house skills and resources to keep up
- Business user reliance on IT
- Inability to incorporate modern technologies effectively
In addition, most organizations must address continuous pressures to reduce costs, accelerate time to market, and maintain positive relationships with their suppliers, partners, and customers. While all of this is challenging enough to address, you also must address those specific to your own industry and circumstances.