Identify Digital Goals: Knowing the areas for improvement and what you want your business infrastructure to achieve is a great starting point. Conducting a survey will lead to defining realistic digitalization goals which will include types of technologies, strategies, etc.
Assess Current Digital Capabilities: Your current business landscape, ecosystem, capabilities and limitations will help you understand and realise your supply chain vision. With this process, you can outline all planned digital initiatives and its needed resources. From manpower to supporting technologies to be implemented, knowing your current status and where you’d like to reach will help you reach your digitalization goals faster.
Evaluate Technology Options: Figure out the necessary technologies to implement from machine learning to the Internet of Things (IoT) and list them in your digitalization road map. Whether it is off-the-shelf or customized options, before deciding on the technology, understanding if it will match your desired digital capabilities is essential.
Prioritize Digital Projects: Digitalization of the supply chain management system has many parts. Creating a priority list of where to start and how to expand it to other areas of the supply chain system is crucial. Having the right roadmap will aid in developing the right capabilities over short, medium, and long-term timescales.
Deploy Segmented Rollout: Going all-in with your digitisation project won’t be a great idea. After having created a successful road, with clearly defined goals and capabilities to achieve, you should start work where the highest benefit is expected. Will work on any chosen area, capabilities required will also need to evolve in tandem.