(Editors’ note: This is the first of a five-part series of articles about the journey to creating an end-to-end (E2E) business network that enables demand-driven supply capabilities.)
For all stakeholders in traditional supply-chain ecosystems, and specifically in life-science supply chains, enormous digitally enabled breakthrough opportunities lie ahead.
All companies today are looking to transform the capabilities of their supply chains to holistically improve business performance. Yet I grow weary of hearing C-level executives lament that they see too many supply chain projects, but no change in business results.
Isn’t it time to start asking why, what’s wrong, and what we need to do differently?
To begin, industry leaders today view the supply chain as more than a linear set of point-to-point connections across business functions. The reality is that today’s supply chains are being fundamentally transformed, and disruptive new capabilities are emerging. Major changes include:
None of these challenges is trivial, either dealt with singularly or strategically.
Next: Going Forward: Facing Facts and Reality
Roddy Martin is chief digital strategist with TraceLink.
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