• Supply chain control tower is a centralized hub with tools, technology, and processes necessary to collect data from every supply chain step.
• It proves end-to-end visibility across supply chains while correlating data across siloed functions.
• It enables real-time collaboration with suppliers and stakeholders to successfully resolve challenges and foster innovation.
October 07, 2022 | Supply Chain Software
Real-time supply chain visibility is made possible by a digital supply chain control tower. It is a centralized hub with the organizational tools, technology, and processes necessary to collect data from every supply chain step. This information guarantees complete transparency and aids a company in making decisions that align with its strategic goals.
The following are the three essential capabilities of a supply chain control tower:
Companies can achieve end-to-end visibility across their supply chains with a control tower that correlates data across siloed functions. Businesses may thus cope with any deviance by using external event data to provide actionable information on future disruptions, all supplied in personalized dashboards.
Being reactive is a poor option, given how quickly problems could occur and spread through interconnected supply chains.
With predictive analytics, companies can, thus, better anticipate disruptions, increase resilience, and prioritize actions if they have intelligent notifications and real-time actionable analytics that help them understand the upstream and downstream impact of these crises on consumers.
Real-time collaboration with suppliers and stakeholders is essential for successfully resolving challenges and fostering innovation. Companies should be able to assemble work teams, specify goals, assign tasks, share information, and communicate outcomes with the aid of a control tower.
Supply chain control towers equip enterprises with centralized visibility, collaborative planning capabilities, and analytical power to build a smarter, nimbler, and more efficient end-to-end supply chain. Benefits include:
A control tower enables enterprises to break down silos and enable real-time information exchange between supply chain partners. This collaborative approach leads to better supply chain planning.
By consolidating data feeds, control towers provide enterprises end-to-end visibility for predictive analytics and optimization to enable better decision-making.
Sharing forecasts and plans via a control tower allows all supply chain stakeholders to respond rapidly to disruptions. Quick coordination enables agile responses.
Control tower analytics can help enterprises optimize inventory by identifying waste and excess inventory across the network. This allows adjusting stock levels precisely to balance costs and service.
The pillars of contemporary supply chain control towers are:
To accrue supply chain tower benefits, companies must choose the correct next-generation control towers with the capabilities listed below to coordinate swift reactions across the organization to manage a dynamic ecosystem.
Enterprises can connect diverse data streams and points via a cloud-based control tower, creating the opportunity for dynamic, multi-tier collaboration with suppliers and contract manufacturers, resulting in enhanced visibility beyond the suppliers. Furthermore, they enable the company to be prepared for aggressive scale-ups during the next growth wave while lowering the cost of transmuting disruption.
A resilient data architecture that uses data from inside and outside the company must be the basis for a unified supply chain control tower. It requires IoT integrations to gather market, weather, chain-wide transactional, and enterprise data from obsolete systems like ERP.
Massive volumes of high-dimensional data are analyzed by cognitive technologies like AI and ML, enabling forecasting, optimization, and automation to reach new heights of precision and effectiveness. Modern control towers use cognitive technologies to bring a variety of use cases and increase supply chain management's flexibility and intelligence and reduce reliance on human interaction. These technologies are assisting in resolving some of the most persistent supply chain issues that exist today, from demand sensing to risk assessment and logistics planning to inventory optimization.
An auto OEM in a particular region shut down due to problems from raw material suppliers. The control tower enables the business to answer questions like whether to hunt for a different supplier. If so, where? Should the company adopt regional or global sourcing? How do we evaluate and select the new vendor? And the like.
What to Consider While Deploying a Supply Chain Control Tower
To implement the next-generation, intelligent control towers, companies must consider the following factors:
An efficient supply chain control tower depends on high-quality data, which directly impacts the output of insights and the degree of visibility it can attain.
Change management is necessary to modify the organizational structures and cultures to develop and sustain these systems to understand better how a new control tower may resolve issues and enhance functioning in global supply chains, enabling their effective roll-out and operation.
Create a checklist of attributes and capabilities for a contemporary control tower in alignment with the organizational objectives.
Analyze and consider the advantages and disadvantages of control tower providers because picking the right partner is just as crucial as choosing the best technology. Develop a workable plan for deploying, implementing, and evaluating the advantages and beneficial effects of the new control tower in collaboration with the technology provider.
In today's dynamic supply chain environment, advanced control towers are now a prerequisite. In addition to assisting companies in identifying and responding to disturbances in real-time, they also enhance visibility, decision-making, and supply chain operations.