Businesses are restructuring their supply chain management to bridge the talent gap that the industry faces and embracing technology to enable speed to innovation.
Enterprises globally have learned their lessons during the latest disruption in supply because of the pandemic. As a result, businesses of all sizes are exploring possibilities of automation and digital capabilities to embrace resilience and agility in their supply chain. A few Industry veterans have already built a robust tech team to develop a resilient supply chain tech stack to streamline operations.
A few Businesses are still figuring out how to grab opportunities led by digital transformation and need to restructure their work processes to adopt speed to innovation. Organizations are facing a talent shortage of resources that lack technical expertise in the supply chain industry. Here are a few strategies to bridge the talent gap and enable new technologies in the supply chain:
Resources should be at the core of the supNewply chain
Industry 4.0 has imposed noticeable paradigm shifts in every aspect of the business landscape. CIOs should consider reimagining their supply chains to suffice the needs of the ever-demanding digital economy. Embracing technological revolution will streamline the work process, but CIOs should consider keeping humans at the core of the supply chain to make strategic changes to the process. Because even if enterprises embrace technology in their IT as the skill gap is widening, and the labor wages are increasing; businesses are exploring opportunities for RPAs in their work process to enhance productivity.
Enterprises can develop a learning management system that assists them in upskilling their workforce to be capable of accomplishing complex tech jobs. Upskilling the resources will help to retain supply chain talent for a long period of time.
Robotic process automation (RPA) in the supply chain
Digital transformations have led to smoother collaboration between resources, technology, and processes to open new opportunities. Implementing robotic process automation to perform tedious and repetitive tasks will help to minimize the labor cost and requirements. As the skill gap is widening, and the labor wages are increasing; businesses are exploring opportunities for RPA in their work process to enhance productivity.
Enhance the workforce with the robust tech stack
There has been a huge debate globally that AI might take people’s jobs. Enterprises should consider enhancing the workforce productivity with advanced tech stack instead of replacing them with technology. Implementing advanced technology tools with an easy user interface will help to enhance the resource’s ability to perform tasks and optimize the outcomes. Organizations that have embraced technology to overcome the pitfalls of the supply chain are able to increase productivity and efficiency drastically. This approach has assisted businesses to reduce on budgets and time required to train new employees substantially. Robotic pallets, augmented reality (AR), and virtual reality (VR) will assist organizations in making their training more interactive by simulating complex environments.
Seamless integration and efficient supply chain management
Businesses find it difficult to seamlessly integrate the latest technologies in their IT infrastructure and manage them easily. A warehouse management system is an effective tool for having a comprehensive view of the entire supply chain. Exploring, evaluating, and choosing the best supply chain management system as a service will reduce the need for talent with relevant skillsets to accomplish the goals.