The advantage of digital supply chain is to achieve end-to-end

The advantage of digital supply chain lies in realizing end-to-end visualization and improving the responsiveness of supply chain.

Traditional supply chain and partners jointly customize plans and processes, non-real-time and non-intelligent cognitive analysis and prediction; Digital supply chain lies in the Internet of Things to achieve network expansion, digital collaboration and artificial intelligence, and machine learning is helpful to improve the accuracy of future forecasting.

With the rapid development of Internet of Things and information technology, the future will gradually shift from enterprise-centered to consumer-driven network view, realize the cooperation and information sharing of participants under the network structure of supply chain, and shift from supply chain visualization to independent cognitive analysis and control based on big data and artificial intelligence, driving the automatic dynamic adjustment and optimization of supply chain.

Digital supply chain focuses on customers, goods and orders, tracks the activities of all links in the supply chain, realizes the visual management of the supply chain, precipitates data in the process, and supports the business prediction and decision-making of enterprises.

Advantages of supply chain digitalization:

1, improve data accuracy

Digitalization can record the data of the whole process of supply chain and make all the data transparent and visible.

2. Improve the customer service experience

Through the digital supply chain system, enterprises can respond to market demand faster and provide more accurate services.

Step 3 reduce costs

It can monitor the logistics situation in real time and adjust the inventory quantity, reduce excess inventory and waste, and realize faster commodity circulation; Digital supply chain can optimize supply chain links, coordinate all links, improve efficiency and reduce costs.

4. Enjoy information * * *

The traditional supply chain has the problems of backward information and inability to communicate in time; Digital supply chain, through big data and digital collaboration, can share information through digital platform and provide needed real-time information in time.

Step 5 reduce risk

Digital supply chain can monitor the whole process of supply chain and better manage risks, such as inventory risk and climate risk prediction.