By utilizing supply chain software, companies can impact their value streams to unlock greater value from bottom to top.
Value streams are the actions undertaken within a manufacturing or service company that drives customers to realize the worth of the product or service. But today, as digitization unlocks more value across an enterprise, supply chains are becoming more intrinsically linked with value chain mapping and planning to optimize that value.
Traditionally, supply chains were thought of as a loose, disparate collection of suppliers. Siloed departments within a company would handle scheduling and purchasing, while forecasting was a combination of sales input and historical data analysis, often done manually. But the power of digital transformation tools combined with unprecedented disruptions means that companies are now beginning to tie supply chains to their value mapping. This process enhances the performance of the value stream and delivers greater va ...  >>

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