The document discusses how supply chains have become more flexible and collaborative over the last few years due to networks being more open. It explains how proactive planning and community benchmarking data helped mitigate risks during a port strike. Additionally, it discusses how a control tower helps ensure supply chain strategy consistency and how IoT will shift focus to adapting supply chains to needs.
8. GT NEXUS CONFIDENTIAL | 7
Over the last few years, we’ve become a lot more flexible in how
we do things. Once the network is opened up, it’s become a lot
easier to collaborate.
How did CAT get around the west coast port strike? Proactive planning
mitigated supply chain risk, thanks to community benchmarking data.
The control tower is the marriage of planning and execution. It helps ensure the
supply chain strategy is consistent across regions, languages and business units.
9. GT NEXUS CONFIDENTIAL | 8
transparency, traceability and visibility
A tsunami of data is coming and we have
to be prepared to move our skill set to ride
that wave.
IoT will move the focus beyond cost reduction and
efficiency and into being able to adapt the
supply chain as needed.
A key characteristic of many, if not all, of the very successful organizations is
a supply chain that is truly connected to their customers.