A supply chain control tower is a central hub that provides end-to-end supply chain visibility and control. It is known to be an agile cloud platform that enhances visibility and operational control across the entire supply chain. Organizations can comprehend, prioritize and resolve critical issues aligned with strategic objectives in real-time.
Upgrading your supply chain control tower by leveraging advanced new-age technologies, such as AI with machine learning has the ability to improve and accelerate decision-making and outcomes. Furthermore, control towers tend to collect and store data from logistics service providers and suppliers in a structured way that leads to better decisions and improved efficiency.
Benefits of Next-Gen Supply Chain Control Tower Solutions
Nowadays, logistics organizations are deploying advanced control tower solutions to ascend the level of visibility, predictability, and control over their supply chain operations. In an increasingly connected digital world, a smarter control tower can provide you with notable benefits as it is scalable and adaptable. Some of the key benefits are:
Establish end-to-end visibility
It is a flexible solution that allows you to access real-time data relating to supply chain activities. Establishing end-to-end visibility can help in decision-making and eliminating the day-to-day challenges faced by the organization. In addition, it collects and consolidates data to improve the transparency across supply chain partners that includes third-party logistics, transportation carriers, suppliers, etc.
Improve resilience
Control towers can predict disruptions to proactively provide supply chain solutions. Forecasting the supply and demand of shipments is essential to improve resilience in operations. The platform tends to use predictive data to update inventory levels and to make diligent choices. It can also analyze the upstream and downstream impact of events as you can gain deep insights into supply chain operations to resolve any issues before they even happen.
Save time and money
Organizations can achieve a high amount of profits when digital is combined with supply chain applications. Predicting the unplanned events with the AI revolution can work wonders for your business by reducing the overall operational costs. A supply chain control tower allows you to operate your supply chain network and fleet management software with smarter and more effective solutions. It provides you with a more responsive system that can save your time and money.
Shared Communication
Using the power of data, control towers allow all partners, shippers, carriers, etc to receive the information and gain access to the shared data in real-time. Organizations need to understand the importance of collective processes in the supply chain network.
Unifying the enterprises around the supply chain tower is useful to resolve unplanned events. Control towers add value to supply chain management as it aligns responsibilities by bringing different functional perspectives. Therefore, embracing a control tower can improve your operational efficiency, regardless of your business model as it enables better planning, decision-making, and proactive event management.
How do control towers add value to supply chain management?
With the help of AI-based automation, control towers can optimize the entire supply chain management process. It is a robust solution that can improve visibility to fulfill growing customer and consumer demands. Also, artificial intelligence in logistics and control towers adds value to supply chain management. However, they are invaluable for helping multi-enterprise businesses by delivering higher value in actionability, collaboration, and automation.
Nowadays, organizations need real-time intelligence to receive essential information through analytic dashboards or alerts. When you receive data of every link in the supply chain, this will lead to greater control over your operations. Moreover, it has powerful capabilities and real-time responsiveness so that you can resolve issues with ease as you do not have to toggle between multiple systems.
You can revolutionize your business with the power of data and information. It consolidates data and allows you to generate optimal outcomes that will eventually lead to autonomous decision-making and end-to-end visibility. This is a trend towards a “single source of truth” for an effective supply chain management process.
Implementing supply chain control towers is the best solution to avoid the hassle and simplify the problem-solving process. It tends to provide useful tools to collaborate and allow organizations to have a holistic approach. Therefore, control towers are known to be the future of the entire supply chain industry.
