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Retail Business Review | Friday, May 27, 2022
DSNs are linked with end-to-end visibility, centrally linking data and choices from other network nodes and flows, suppliers, partners, and customers.
FREMONT, CA: Digital supply networks are "always on," dynamic, and rely on Internet of Things (IoT) sensors, applications, and artificial intelligence to make real-time choices, such as determining the influence of temperature variations on fresh produce expiration or transit time to the shop.
Rather than supply chain decisions being made linearly, a digital supply networks (DSN) recognizes that every touchpoint, flow, and hold of the network possesses information that can influence a decision taken just about anywhere in the supply network. Real-time information and decision-making enable more goods to flow rather than be held as staple stock.
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Building a DSN to Promote the Customer-Driven Shopping Experience:
Understanding the business's strategic objectives and longer-term direction that fulfills the customer-driven shopping experience is the first step in developing a digitally enabled supply chain. There's no one-size-fits-all solution, and the company's uniqueness should define the future-state supply chain design it's serving.
The future state of DSN is envisioned only after understanding the strategic business requirements of tomorrow. This vision should include the design of the fulfillment network to execute the business strategy and identification of the capabilities.
Required Data Needs and Scenario Analyses "pressure test" Assumptions and Future Variability.
Organizations must invest time to develop a robust road map that starts from a strong digital core with end-to-end transparency. Although, the capabilities needed to achieve the future-state customer-centric vision can be daunting. Henceforth, fundamental to the business, foundational capabilities can be sown, followed by more advanced capabilities that become differentiating.
Organizations must consider ways to incorporate key attributes of the DSN that move the organization closer toward the customer-driven supply chain in case they are not prepared for enterprise-wide transformation. By establishing order to the digital aspects of the supply chain, creating a single source of truth, expanding it end to end, providing enterprise visibility, making it dynamic, plug-in capabilities—and begin down the road to a best-in-class-world-enabled digital supply network.
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