In this episode of the Omega Podcast, we feature IT trainee Amogh Rao, who discusses the Digital Supply Chain and the role of data analytics and digital technology in enhancing decision-making and improving the efficiency of supply chain management.
Historically, traditional supply chains have operated in a linear fashion, progressing from raw material acquisition to production, distribution, and retail. Any delays in one segment can trigger a chain reaction, impacting costs across the entire system. Each phase necessitates careful evaluation and planning, both of which are susceptible to delays. In contrast, a digital supply chain captures data at every stage, facilitating strategic planning and enabling adaptive responses during disruptions.