The digital age is well underway, and that accounts for every aspect of business. A 2016 Boston Consulting Group (BCG) survey says that companies that digitally transform their supply chains will be leaders in their industries.

With 10-percent better product availability and 24-percent faster response to changes in demand, those companies can deliver to their customers better, ensuring brand excellence and sales. They also can run their supply chains more efficiently, with higher operating margins, reduced working capital, and fewer cash conversion days. According to BCG, “Leaders will have financial advantage that will be difficult for laggards to overcome.”

Where are you in your transformational journey, and what are the key technologies that can help you digitize your supply chain?

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