Digital Business Requires Algorithmic Supply Chain Planning
"In the digital era, the traditional, best-practice-focused, manually intensive, highly collaborative planning approach won't be sufficient to get value from the massive amount, granularity and speed of data generated throughout an ever-extending enterprise business network and associated connections. Competitive advantage will be determined by speed of understanding and adaptive response to environmental signals."
"Traditional supply chain planning will not work in a fast-paced digital world. SCP leaders need advanced self-learning and adapting algorithms to automate key parts of supply chain planning and let planners focus on value-added activities by leveraging big data and the economies of connections."*
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*Gartner Inc., Digital Business Requires Algorithmic Supply Tim Payne, 22 September 2016.
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