Leveraging Digital Technology to Create a More Resilient Supply Chain
The COVID-19 pandemic has called attention to the interconnectedness of our global supply chains and the economic ramifications of supply chain disruptions that have affected nearly every industry. Many business leaders are re-evaluating their supply chains in a quest to create a resilient supply chain that can better withstand disruptions. While companies strategize how to build a resilient supply chains, they must consider how these changes will affect their logistics and transportation operations. For companies to succeed in developing a more resilient supply chain, the supply chain technology they leverage must improve end-to-end visibility and efficiency within their supplier networks.
In this new article in Global Trade Magazine, Russ Felker, GlobalTranz’s CTO, explains the role digitization, robotic process automation (RPA), and big data can play in building a resilient supply chain.
“As companies look ahead to the economic recovery, it is imperative that they obtain greater visibility into their own facilities, their direct suppliers, and logistics partners,” said Felker. “The crisis demonstrates the need for resiliency and accurate, real-time information that can help businesses make better-informed decisions and mitigate the costs of supply chain disruptions.”
GlobalTranz’s implementation of digitization and RPA has had significant results.
“Before building bots to automate the collection of track-and-trace information, GlobalTranz devoted nearly 130 days’ worth of time annually, per person, to this task,” Felker added. “Automation has enabled people to spend more time with customers and partners helping them devise strategies to address challenges brought on by COVID-19 and create a more resilient supply chain.”
To read the full article in Global Trade Magazine, please click here.
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