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Supply chain managers need data to succeed.

The prevalence of complex supply chains that source components from all over the world means an issue in one country can stop production everywhere. Supply chain managers face the difficult task of tracking and optimizing the performance of disparate suppliers and parts to ensure seamless assembly of products.
To create a full picture of the supply chain, a multitude of data sources must be cleaned, integrated, and analyzed. Creating such a 360 degree view of the supply chain then sets the stage for the application of advanced analytics, AI/ML, and expansion of automation, which is crucial as supply chains grow in complexity. Partnering with Infoverity provides supply chain managers with the data assistance they need to adopt new technologies that can address these challenges, as well as support new business and operating models, improve supply chain resiliency and agility, and bolster data-driven decision-making.

Have no plans

Gartner found that only 1% of supply chain organizations say they have no plans to invest in emerging technologies over the next five years while the vast majority of companies cite multiple reasons for doing so; additionally, only 10% of companies believe that technology is not a source of competitive advantage.

Will fail

Gartner predicts that by 2025, three out of five smart factory initiatives will fail due to a lack of supply chain integration, resulting in significant cost constraints and customer service issues.

Interested in learning more about the benefits MDM and Data Governance programs can have for your organization?

Download our free white paper and discover the Top 5 Business Outcomes of MDM and Data Governance.