As businesses pursue digital transformation, five supply chain values are being made possible by digitization.

Today's highly complex supply chain world requires a more sophisticated platform than traditional transportation management system (TMS) technology offers, says Martin Verwijmeren, co-founder and chief executive officer of MPO.

It's time to move beyond short-term cost cutting to a more strategic approach to supply chain management, says James Hendrickson, president and general manager of Verses Enterprise.

Heightened customer expectation, constrained resources and generational differences in purchasing are among the changes in the supply chain that companies must respond to, says Wonil Gregg, vice president of customer engagement at DCPerform.

Automation is no longer a competitive advantage but a competitive imperative, if warehouse operators and distributors are to succeed, says Al Dekin, chief revenue officer and founder of Locus Robotics.

Open Supply Hub, a nonprofit formerly known as the Open Apparel Registry, has debuted as a supply chain mapping data platform for multiple industries. 

Shippers need vital data from throughout the supply chain in one, easily accessible place, says Tim Story, president and co-founder of Third Axiom Solutions.

Disruption in the supply chain brought on by the pandemic showed that transformational leadership is required over the next few years, says Michael Burnette, fellow at the Global Supply Chain Institute at the University of Tennessee.

While digital transformation of the procurement function has been on the agenda for some time, it’s now the top priority.

By adopting new digital tools, corporate finance leaders are shifting their strategic priorities to better anticipate what lurks around the corner.