You finally got your supply chain visibility (see.it.all), but the positive effect still needs to be added. You may be rich in data but need help figuring out what to do with it (know.it.all)? Are you data-rich but still need to be data-wealthy? Why don't we compare a "rich person" in the classical sense to a "new data-rich supply chain manager" and see how they got rich and stayed wealthy? I looked up some advice, and Harvard Business Review summarizes four learnings in an article titled " How to Build Wealth When You Don't Come from Money ": 1.) Let go of limiting beliefs. Your mindset can lead to significant missed opportunities if you keep limits and believe you don't deserve abundance. 2.) Accept that money is not always evil. Understanding that you can use your money to do good in the world can be a game-changer. 3.) Understand that a high income is not enough. Building wealth requires intentionally managing your expenses - and, yes, in...
In a world faced with the prospect of tightening supplies, higher energy costs heightened geopolitical risk, and strained transportation networks, advanced supply chain technologies will become mission-critical for many more companies. The supply chain task is not an enterprise problem; it is an end-to-end network problem involving multiple enterprises. Therefore, the solution does not lie in fixing one link in the chain but in devising a community.