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HomeSupply ChainIntegrated Digital Technology for an Agile Supply Chain

Integrated Digital Technology for an Agile Supply Chain

Digital technology continues to drive corporations to reshape its logistics and supply chain. These companies are motivated to embrace the digital revolution, investing millions of dollars in these technologies.

Wef digital transformation
Picture taken from: http://reports.weforum.org/digital-transformation/wp-content/blogs.dir/94/mp/files/pages/files/wef-digital-transformation-2016-exec-summary.pdf

Business Volatility, Uncertainty, Complexity, Ambiguity (VUCA)

In today’s VUCA world, corporate leaders instead of focusing on competition, have to make a shift move adopting a new strategy which is creating a strategic partnership in order to be sustainable, the need for business growth and be profitable. Technology is being used as a tool for seamless and closed-loop in the supply chain, with the combinatorial effects of digital technologies, it gives internal and external insight for strategic planning and process excellence.

Business Opportunity

Companies leveraging digital technologies to deliver significant value in customer personalization and customer experience. The surge of adopting Internet and Mobile Computing for global B2B and B2C e-commerce sales has resulted in an anytime, anywhere from any device mentality and buying behavior.

According to E-consultancy and Adobe Annual Digital Trends report, customer experience came in first as the most exciting business opportunity for 2020, beating content marketing and mobile marketing. Customers would spend more for greater customer experience.

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Mickie Foong Mee Keat
Mickie Foong Mee Keat
Mickie Foong has substantive experience in the field of marine & offshore engineering, as well as the Food & Beverage sector, and specifically in project coordination involving logistics, purchasing, trade financing, and digitalization project. Mickie is a member of the Singapore Institute of Purchasing and Materials Management (SIPMM). She holds an Advanced Diploma in International Business as well as the SIPMM Professional Diploma in Purchasing Management (PDPM). She completed the Advanced Diploma in Logistics and Supply Management (ADLSM) in October 2019 at SIPMM Institute.

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