Future Vision for Supply Chains in a Disruptive World

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At the start of 2020, when experts were busy providing their “20/20 vision,” no one predicted a global pandemic that would bring the global economy to a virtual standstill within weeks. Demand for goods and services became highly variable. The supply of critical materials was uncertain. Labor and resource capacity in manufacturing and logistics turned severely constrained.

This highlighted flaws in many global supply chains that have been “leaned out” and stretched to reduce costs. As a result, the pandemic has made supply chains the center of attention in daily presidential briefings, corporate boardrooms and even family dining tables.  Supply chains have become, if they were not already, a strategic topic.

And given the world still grapples with the ongoing effects of COVID-19 as the end of 2020 nears, IoB Voices thought it was a good time to hear more from SAP’s supply chain expert, Richard Howells.

Richard shares the responses that manufacturers and supply chain leaders have been taking in response to recent global challenges, addressing: 

  • How the pandemic has raised the visibility and importance of supply chains
  • Some strategies and solutions that companies have leveraged to navigate the times
  • Which technologies hold the most promise for Supply Chain companies
  • How they need to evolve moving forward

GUEST:

Richard Howells
VP of Marketing Digital Supply Chain Solutions, SAP

Richard Howells has been working in the supply chain management and manufacturing space for over 30 years. He is responsible for driving the market direction and positioning of SAP’s Digital Supply Chain solutions. He has also implemented ERP and SCM systems at companies such as Nestle, Gillette, Colgate Palmolive, Rohm & Haas, Wyeth, Royal Worcester Spode and Dairy Crest. Richard holds a Bachelor of Science degree in Computer Science from the University of Mid Glamorgan in the UK.

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SAP is the market leader in enterprise application software, helping companies of all sizes and in all industries run at their best: 77% of the world’s transaction revenue touches an SAP system. Our machine learning, Internet of Things (IoT), and advanced analytics technologies help turn customers’ businesses into intelligent enterprises. Our end-to-end suite of applications and services enables our customers to operate profitably, adapt continuously, and make a difference.

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This UrIoTNews article is syndicated fromInternet of Business