Digital transformation promises businesses the speed to market and higher performance. In SCM (Supply Chain Management), it gives manufacturing a greater competitive advantage through increased transparency and efficiency.
How digital transformation is linked to SCM is the improved connectivity throughout the entire supply chain. With the emerging Industry 5.0 — a future between man and machine, we will see a rise in smart factories and a change to existing business and supply chain models. Real-time monitoring in manufacturing environments gives humans the flexibility to coordinate with production machines and equipment easily — anytime, anywhere.