Harnessing Digital Technology to Create the Transparent Supply Chain of the Future

The most recent semiconductor cycle has taught the industry many substantial lessons. While shortages occurred due to unprecedented demand, at the other end of the spectrum, some markets have experienced extensive oversupply. The current cycle and shortages, combined with a more volatile geopolitical climate and the path to a trillion-dollar semiconductor industry, have created a significant shift in how companies need to rebuild their supply chain. The industry has already begun to shift from the just-in-time manufacturing and supply chain model to a just-enough inventory model to provide a safety buffer in case of future supply chain shortages.
Global, political, and economic instability are impacting the current dynamics in sourcing strategy, creating additional complexity for companies that are managing the supply chain for multiple manufacturing sites around the world. Nonetheless, to restore an efficient and resilient supply chain, allowing companies to attain optimized TCO operations, the industry needs to move towards digitizing the supply chains and augmenting plan-to-execute operations using an appropriate combination of AI and ML solutions.
The shift towards digitizing the supply chain will revolutionize how companies manage their sourcing strategies. Organizations can adapt more effectively to the ever-changing global landscape by leveraging technology to streamline processes and enhance decision-making. Ultimately, this transformation will not only improve operational efficiency but also bolster resilience in the face of uncertainties, ensuring sustainable success in today's complex business environment.
In this presentation, DSV will discuss the technology solutions that are critical for the future of supply chain management and how to accelerate the implementation of those solutions leveraging the managed supply chain services focused on the semiconductor manufacturing environment. Additionally, the authors will discuss practical business use cases that can better advance through AI and ML enablers that are offered through DSV IMS’s solution platform – ultimately promoting a more controlled flow of goods and information among business partners within the entire supply chain ecosystem and yielding enhanced financial results. DSV will share what tools companies can use to reduce risk, improve cost, balance inventory, improve lead times, and improve cash flow. The authors will share how secure data sharing is strengthening the entire supply chain ecosystem and how DSV’s platforms are enhancing it and creating the supply chain of the future.