An IDC Infographic, Sponsored by SAP
TRANSFORMING YOUR BUSINESS Through a Digital Supply Chain of One
Drivers of the Digital Supply Chain of One
Customer demand for individualized products
Reducing external supplier costs Developing product-related services
Improving sales and revenue generationTying product quality to product development
Improving adaptability and flexibility of supply chain
Staying ahead of the competition Expanding to new markets
Improving service to customers
Compliance with regulations
Strong security due to increased connectivity
Expanding ecosystems across supply chain and industry that require close collaboration and communications
The need to have visibility into product performance to maintain high levels of customer satisfaction
Increasing connectivity and complexity across product, supply chain, and manufacturing that create massive amounts of data
Top 5 Business Priorities Top 5 Business Prioritiesfor the Executive Suite Now for the Executive Suite in 3-4 years
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A Digital Supply Chain of One is Necessary to Stay Competitive
Powered by Digital Transformation (DX),Across Industry at SMB and Large Companies
Closed-loop PLM
By 2019
By 2020
By 2020
3rd Platform technologies—mobile, cloud, big data, and social —will drive nearly 75% of IT spending
60% of discrete manufacturers will use digital twins with analytics to track performance and usage for better product design and improved service quality
60% of global companies will be in the process of integrating their product, supply chain, and service systems for iterative improvement of products and the customer experience
3rd Platform spending will grow at 2Xthe rate of the total IT market
Innovation accelerators – analytics, blockchain, IoT, 3D printing, robotics – are growing at 17% CAGR through 2020
A Digital Innovation Platform
enables a Digital Supply Chain of One powered by Cloud, Analytics, IoT, Business Applications, and Blockchain
To address challenges and executive priorities and to thrive in today's economy, the product life cycle, supply chain, and manufacturing must be connected through a digital innovation platform.
Move to open, cloud-based platforms for product innovation, supply chain, manufacturing, and revenue growth
Leverage a network of digital twins across product, manufacturing, and the supply chain to enable a visual, digital thread through a business network
Monetize connected products by understanding performance, usage, and service demand – 58% of manufacturers want to leverage analytics on IoT data for new revenue-generating services
Make platforms intelligent with AI, machine learning and analytics
9%
9%
67%
of manufacturers use an innovation platformfor extended collaboration
are at an early DX stage
have digitally transformed their supply chains
What to Do Now
A Digital Innovation Platform Provides Intelligent Decision Support
for a Digital Supply Chain of One
Key technology considerations:
Enables the unification of legacy and new system, data, and process
Leverages structured and unstructured data to enable a connected and customized world
Establishes trust and process automation across an extended value chain through blockchain and advanced security
Provides visibility and decision support across your digital innovation system through cloud, machine learning, and analytics
Addresses product, supply chain, manufacturing, and customer needs through a digital innovation system
Bottom Line:
To learn more, read the IDC InfoBrief, "Understanding the Digital Supply Chain of One," sponsored by SAP.
A digital supply chain of one delivering customer centricity, predictive business, smart automation, and total visibility — all powered by a digital innovation platform — enables the flexibility and speed required to collaborate across ecosystems, capture connected product data, and meet unique customer needs.
All IDC research is © 2018 by IDC. All rights reserved. All IDC materials are licensed with IDC’s permission and in no way does the use or publication of IDC research indicate IDC’s endorsement of SAP’s products or strategies.
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Key considerations for building a digital supply chain of one are:
Elements of DX
Innovation platforms
Manufacturing automation
Digital twin
Digital service
Closed-loop PLM
3rd Platform technologies
Connected supply chain
Focus on Customer Centricity
Leverage a Digital Innovation Platform,
Invest in Smart Automation
Enable Predictive Business
Ensure Total Visibility
by sensing demand and expediting delivery
across design, production, service, and maintenance
to capture and analyze connected product information for optimal quality
powered by IoT, blockchain, artificial intelligence, machine learning, and analytics, to enable secure process automation, smarter decision making, and faster response to the customer and end consumer
to realize flexible, rapid manufacturing