Digital Supply Chains: Bridging The Gap Between Vision And Reality [Forbes]
Colgate-Palmolive Company (CL)
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Source: Forbes
the potential to revolutionize supply chain management (SCM). The concept of a "digital supply chain" (DSC), once a futuristic vision, is now a reality for many organizations. However, the journey from vision to reality has been marked by both successes and failures. These were key findings in a recent study by SAP and Kühne Logistics University , that explores the evolution of digital supply chains between 2014 and 2024, highlighting the key applications, success factors, and barriers to adoption. The Evolving Landscape of Digital Supply Chain Management In 2014, a study by SAP Business Consulting explored the potential of emerging digital technologies in SCM. The study found that companies were enthusiastic about the potential of technologies like the Internet of Things (IoT), AI, and big data to transform their supply chains. However, most companies were in the early stages of their digital SCM journeys, and their views were more "vision" than "reality.” Fast forward to 202
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