Survey: course of automation is vital to a extra strong provide chain
Firms are more and more trying to course of automation as one key to constructing a strong provide chain throughout occasions of financial uncertainty, in response to a survey from knowledge integration supplier Exactly.
The highest provide chain considerations driving the push for course of automation are resiliency (51%), agility (46%), and collaboration (24%), Massachusetts-based Exactly mentioned in its “Course of Automation in Provide Chain” report. Exactly carried out the worldwide survey between July and September, polling 105 members of SAPinsider, an SAP software program membership group that features corporations throughout a variety of geographies, industries, and firm sizes.
The responses come in opposition to a backdrop of disruptive world occasions which has pushed companies to more and more battle in opposition to world provide chain turmoil, at the same time as they face mounting pressures to maintain tempo with altering shopper preferences for digital, native, and sustainable items.
“With current world occasions together with the COVID-19 pandemic, the warfare in Ukraine, and impacts from local weather change, it’s no shock that offer chain resiliency is prime of thoughts for companies worldwide,” Mark Vigoroso, chief content material officer at SAPinsider, mentioned in a launch. “Whereas adoption of applied sciences has been sluggish to-date, the necessity to create a resilient provide chain ecosystem has by no means been extra obvious, and we’re seeing organizations more and more flip to course of automation as a approach to construct strong provide chain capabilities and assist navigate the uncertainty available in the market.”
The analysis discovered that 89% of respondents consider course of automation within the provide chain is both “vital” or “crucial” to realize their digital transformation aims. Nonetheless, a serious hole stays between the place the trade must be and the place it at the moment stands: Practically three-fourths (72%) indicated that lower than 50% of their provide chain processes are at the moment automated.
“In the end, provide chain resilience depends upon a programmatic strategy for enhancing end-to-end course of visibility and danger monitoring. To achieve success, provide chains should change into each digital and autonomous to maintain tempo with disruptive world occasions and altering shopper expectations,” John Reda, SVP – Product Administration for Knowledge Integration at Exactly, mentioned in a launch. “It’s clear that course of automation is important, however the success of digitized processes and workflows will even depend upon the accuracy, consistency, and context of the information feeding them. Provide chain transformation, fueled by knowledge integrity, would be the key to assured decision-making throughout the unsure occasions forward.”
