Manufacturers’ Digital Supply Chain Expectations Outpace Reality

While companies are increasingly aware of the benefits of digital supply networks (DSNs), many remain stuck in the early phases of adoption.

While companies are increasingly aware of the benefits of digital supply networks (DSNs), many remain in the early phases of adoption, according to a new study conducted by Deloitte and the Manufacturers Alliance for Productivity.

Published on SupplyChain Digital | By James Henderson

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The research has revealed a disconnect between executives\' opinions of their DSN efforts and actual implementation. The survey of more than 200 manufacturing organisations found that 51% of respondents believe their DSN maturity is at least \"above average\" compared to competitors, yet only 28% have started implementing DSN solutions.

Further, survey results suggest that end-to-end supply chain transparency is the number one operational goal for many manufacturers, as it represents the key to significant efficiency gains, yet only 6% of survey respondents are part of a manufacturing ecosystem in which every member of the ecosystem can see each other\'s data.

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\"While enthusiasm is high and manufacturers realise the benefits of Digital Supply Networks, many companies struggle to identify the right technology landscape which will provide the most value when they are approaching a digital shift,\" said Stephen Laaper, principal, Deloitte Consulting LLP and co-author of the study.

Most respondents (52%) cited the ability to dramatically reduce the time to make strategic decisions as a top reason, followed by the ability to operate more efficiently and effectively (43%).

Read entire article Manufacturers\' Digital Supply Chain Expectations Outpace Reality | Supply Chain Digital

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