Supply chain management is accelerating towards further digitization. New technologies and networks are now used to augment optimization efforts in large and complex supply chains to address the traditional three pillars of cost, quality, and on-time delivery.
At the same time, supply chain management today is becoming more and more convoluted as supply chains are further specialized and globalized each year. New regulatory requirements, combined with a general ethical consumer push for sustainability and transparency, have caused challenges in every company’s effort to achieve the responsible sourcing results they would like to see. Supply chains are constantly changing and moving in interconnected ways, customers and consumers want to know where goods and materials come from, and IT is playing an increasingly important role in responding to a wide set of external and internal influences.
