Supply Chain Agility Empowers Enterprises to Meet Challenges | A Fireside Chat With AWS
Retail, consumer goods and logistics enterprises can become more responsive with an agile and resilient supply chain, according to Andal Alwan, VP and Regional Head- Consumer Goods, Retail, Logistics, Infosys.
In a fireside chat hosted by Arvind Mathur, Director, Enterprise Strategy, AWS, Andal shares insights into changing business dynamics and strategies to better serve customers:
Within the walls
Retailers need to transition from traditional supply and operations planning (S&OP) to autonomous planning. Enterprises can become more responsive by empowering a cross-functional supply chain management team with a suite of advanced planning tools to make timely and informed decisions.
Beyond the walls
Retailers can achieve operational excellence by gaining deep supply chain visibility. A digital twin of the supply chain uncovers transactional data for business insights powered by AI. It allows managers to address debottlenecking across the supply chain with predictive analytics.
Data and analytics capabilities
Retailers need to be able to make sense of data for actionable business insights. For instance, supply chain planning systems should process data in the appropriate format to distill insights for boosting fulfillment rates.
Real-time collaboration
Retailers need to better integrate their operations with supply chain planning to replenish inventory, prevent stock-outs, and manage online marketplaces. It demands real-time data sharing and collaboration with partners across the ecosystem for optimal demand planning and fulfillment.
