Intelligent Supply Chain

Fundamentals of Procurement Procurement evaluation metrics Intelligent Supply Chain

There are varying definitions of an “intelligent supply chain.” Generally speaking, it refers to the use of emerging and intelligent technologies within the supply chain to improve its value and efficiency.

As supply chains evolve, these new technologies help to automate as well as optimize the supply chain from beginning to end.

Example

Watch the short video to learn more employing digital technologies in an intelligent supply chain can transform an industry.

Download video transcript here.

Benefits of an Intelligent Supply Chain

End-to-end visibility through the availability of transparent and traceable transactions
Mitigation of supply chain disruptions
More easily accessible data
Improved decision-making due to faster data and advanced analytics
Improved processes due to streamlining and automation