Manufacturing supply chains are undergoing a post-pandemic paradigm shift. As business models evolve to deal with market disruptions, such as modifying or adding direct-to-consumer (D2C) to a business-to-business (B2B) model, supply chains require agility and innovation to build resiliency and stay current. at the forefront of trends. D2C e-commerce sales in the United States have more than tripled in the last six years. 1 The market has gained around $100 billion in roughly part of a decade, from 2016 to 2021. It is expected to grow around $100 billion in the next 3 years, reaching $212. 90 billion. ‘until 2024. 1 With additional supply chain complexities adding D2C, B2B, and complex last-mile delivery robots, drones, and autonomous vehicles, brands want methods that go beyond fee relief and can seamlessly evolve into the net. Supply chain networks capable of scaling their ecosystems will gain a competitive advantage, and the smart answers to achieving this are modular and composable business applications.
Composable enterprise programs are cloud-based technologies that offer unlimited scalability. They integrate seamlessly with other programs and are easy to use thanks to a low- or no-code interface. This compatibility allows organizations to combine other modular programs incrementally and agilely. tactics through quick sprints of embarking on expensive and time-consuming replacement projects. As a result, to achieve faster impact, no matter where brands are in their virtual chain of origin transformation journey.
The effectiveness of organizations’ virtual chain in orchestrating supplier associations and executing to meet the visitor’s expected call determines the quality of the visitor experience, as defined in our on-call webinar: An Intelligent Approach to Supply Chain Resilience through Intelligent Order Management, with George Lawrie, vice president and senior analyst at Forrester.
In short, composability makes possible the innovation of the origin chain network, as highlighted in the 3 below.
Recent years have shown that isolated knowledge has no position in the network of the current chain of origin. Traditional networks are predictable environments, which is no longer the case with existing market position dynamics. From the scarcity of uncooked curtains to emerging non-traditional channels, supply chain networks require all stakeholders and encourage seamless collaboration.
According to a forrester report, the platforms simplify the combination of complex generation portfolios into a variety of packaging alternatives, leveraging modular parts and enabling tradition and tradition development. 2
Composable and modular commercial programs integrate seamlessly with existing trading systems with fashionable open platforms and low/no-code interfaces. In addition, they help cutting-edge features such as predictive analytics or agile production for real-time multi-channel stock visibility. They also allow brands to network methods and enable the immediate implementation of virtual source chain control towers, another merit of composability.
Improving the visitor experience is an important priority for many companies. However, the COVID-19 pandemic has made us notice that visitor loyalty has influenced without problems. This trend has given new incoming brands a foothold in e-commerce and has catalyzed many established brands have D2C interaction to maintain their market share. Similarly, the rise of omnichannel ease of purchase, delivery, and return has created high expectations for consumers and brought new buying behaviors. This dynamic presents significant dangers as disruptions to the source chain continue. But extensible Composable equipment gives the supply chain network another advantage: the virtual control tower with end-to-end visibility to anticipate and mitigate order control turbulence.
According to a Forrester survey, the maximum non-unusual planned improvement (49%) made across CPG stores and corporations is increased visibility across the supply chain (from factories to uncooked curtain suppliers). 3 Business models recognize that all visibility is favorable to visitors. Experiences.
Digital source chain towers retrieve real-time knowledge of multiple workloads on the source chain network and generate a holistic, multidimensional view. The partnership with FedEx and Microsoft Dynamics 365 for the cross-platform logistics-as-a-service solution for brands exemplifies those capabilities. , providing features such as a seamless feedback experience and transportation optimization to proactively avoid delivery delays. Dynamics 365 Intelligent Order Management also enables organizations to take the first step to gradually create a virtual source chain platform composable with other end-to-end module responses. end visibility and deliver high-value unified delights for visitors.
Finally, composable business programs enable optimization at every node level, allowing brands to know where opportunities lie. Composable business programs offer brands benefits that go against past assumptions. hypotheses with predictive effects based on data.
A Forrester survey shows that 56% of respondents say one of the ultimate facets of supply chain agility is expanding the use of device learning and AI to drive procedure automation. 3
A state-of-the-art chain of origin network is based on composable virtual teams with built-in artificial intelligence and device learning for decision making, unifying disparate data, expecting disruptions, and using deeper insights.
To start developing composability in your source chain network, watch the video:
Dynamics 365 innovates in the networks of the origin chain, making them resilient and sustainable through composability. These intelligent responses work seamlessly with business resource creation (ERP) plans and visitor appointment control (CRM) systems to temporarily respond to market dynamics and integrate with many market leaders. API applications. Pre-built connectors perform larger business functions through an ecosystem of specialized partners for order delivery, tax fulfillment, pricing, transportation, and other logistics services. In addition, users can seamlessly create regulations and temporarily configure order flows to accommodate conversion. market situations or scale to maximum volume requests with an easy-to-use low/no-code interface.
By enabling those features, brands can drive the virtual transformation of their order control procedure and make order fulfillment a competitive advantage. Users can also automate and optimize execution by employing AI to create real-time stock visibility and expand to a virtual tower End-to-End Network Visibility.
At Microsoft, we are committed to empowering each and every user and organization on the planet to do more. With our next-generation virtual supply chain applications, brands can leverage composability to drive innovation in their supply chain networks. Find out how they can innovate theirs in the on-demand webinar: a smart technique for intelligent supply chain resilience order management.
Sources
1- eMarketer, 2022. Established brands will generate the majority of D2C e-commerce sales.
2- Forrester, 2021. Accelerate sustainable innovation with platforms.
3- Forrester, 2021. The imperative of virtual commerce. An order placed through Forrester Consulting on behalf of Microsoft.
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