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Bringing powerful connections to your supply chain pays—and it’s not as complicated as you might think. Reach out to an Elemica consultant and see how you can start transforming your supply chain today.

Notes from the Chief Innovation Officer

As I write this, there has never been a more critical and exciting time to be at the intersection of supply chain and technology. For decades now, I’ve had the privilege of helping some of the world’s leading corporations redefine their visibility, efficiency, resilience, sustainability and profit potential through powerful, flexible connections. It’s been quite a journey for both myself and Elemica’s clients. But it’s time to buckle in, because things are about to speed up in an exponential way. Over the next five years, supply chain innovation will accelerate at a tremendous pace—demanding more and more connectivity between trading partners in practically every industry vertical. Why? Here are a few reasons:

  • Reinvestment in regional or domestic supply chains
  • Labor shortages and union agreements
  • Geopolitical tensions
  • Post-COVID pushes for resilience and agility
  • Organizational sustainability goals
  • Increased global competition
  • Blockchain propagation
  • Next gen ERP capabilities
  • More collaborative supply chains
  • Advances in applied AI, machine learning and “digital twins” as decision-making tools

I think, as an industry, we’re coming into one of those periods in which multi-disciplinary advances will all coalesce to bring about a transformative change that wasn’t previously possible or economical. And as supply chain stakeholders you’ll get a front row seat. So how can you keep your organization from falling behind in this upcoming period of accelerated innovation?

The answer is by taking action. Do something or your company will fall behind. Take the next step, even if that step is just a plan. Take it one connection at a time. Quantify wins. Make decisions based on solid strategy and hard data. Experiment. You don’t have to rebuild processes, just refine them. Embrace this new world of interconnectivity. Because periods of rapid acceleration mean periods of rapid differentiation, and you don’t want to be left behind.

Elemica Innovations

Da Vinci said “simplicity is the ultimate sophistication.” As complex as they may seem from the outside, and as big as impact as they have, so many Elemica innovations purse this very principle. Case in point, the humble API. This technology is more than 20 years old. Yet deployed at scale it can radically redefine supply chain efficiency for the most complex, high impact supply chains. Here are just a few ways in which our innovations have simplified supply chains worldwide:

Creating a centralized supply chain platform

Building a high-powered global business network

Applying advanced data extraction technologies

Allowing cross-platform data normalization

Facilitating connectivity with any size trading partner

Enabling multiple connectivity configurations

Developing proprietary connectivity road maps

Integrating Inter-functional supply chain data

Automating time-saving data quality checks

From enabling data agnosticism to connecting all supply chain functions from order-to-cash to logistics, scale and simplicity is what puts the power in Elemica’s Powerful Connections. So whatever sort of connectivity you’re considering, ask yourself: “How can I make this simple?”