More companies than ever before are digitising processes to optimise workflows and streamline operations.
With artificial intelligence (AI) now playing a major part in the majority of supply chains globally, IBM Watson launched its IBM Sterling Supply Chain Suite last year. It is an open, integrated platform that easily connects to your supplier ecosystem, while implementing technologies such as AI and blockchain. The suite allows you to address continuous supply challenges and enable end-to-end visibility, real-time insights and recommended actions to transform disruptions into opportunities for customer engagement, growth and profit.
In order to be successful in this new age of digital transformation, supply chains must be dynamic, responsive and interconnected across ecosystems and processes. Driving efficiency is a core component of long-term success in the supply chain space. The IBM Sterling Supply Chain Suite helps develop an intelligent, self-correcting supply chain in several different ways.
Real-time intelligence and actionable recommendations
Applications and control towers, which are embedded with AI and trained in supply chain, provides end-to-end visibility, real-time alerts and recommendations that can be automated for self-correcting actions that can help drive better business outcomes.
Trusted connectivity - built to scale, backed by IBM Blockchain
The company’s blockchain-enabled, multi-enterprise business network provides frictionless, secured connectivity and collaboration with customers, partners and suppliers. There is the opportunity to engage with over 800,000 preconnected trading partners executing 3bn transactions annually.
Open to developers to create tailored solutions
The IBM Sterling Supply Chain Suite allows system integrators and developers to create, extend and integrate tailored supply chain solutions that interoperate with other business networks and applications.
Hybrid-cloud integration to extend existing supply chain investments
As opposed to time-consuming and expensive migrations, the suite’s enterprise-ready containerised software, in addition with IBM Cloud Paks, enables users to extend the value and reach of legacy applications and data. The hybrid approach enables greater freedom to choose where to run workloads and the ability to link them to value-added services in the IBM Sterling Supply Chain Suite.
Ultimately, supply chains the world over are seeking to introduce greater efficiency into operations in order to create a smarter supply chain. Technology remains the key enabler to making that future a reality to companies and it is set to continue to play an influential role in 2020 and beyond.
For more information on all topics for Procurement, Supply Chain & Logistics - please take a look at the latest edition of Supply Chain Digital magazine.