The value of supply chain digitization

December 5, 2023 - Research X210

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ESG mandates, rising costs, growing complexity, and volatility across labor, supply, and demand have necessitated the modernization of organizationsā€™ supply chain management (SCM) technology. This report delves into the challenges of outdated supply chain operations, the barriers and pitfalls to digitization initiatives, the advised modernization pathway, and the key benefits realized post-deployment. In addition to the commercial benefits, companies turn to SCM software to address the data consolidation and reporting requirements of ESG regulations. Digital transformation is necessary for organizations to create a centralized view of all projects, inputs, and outputs to align their sustainability strategy from the global corporate level to the local business unit. Only then can businesses simultaneously optimize for profit while reducing Scope 1 through 3 emissions.

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