Future of Supply Chain control Towers !!

The Intelligent Control Tower monitors, manages, and controls decisions and execution across functions and across companies to optimize the entire network.

The Intelligent Control Tower uses AI and serves as a system of engagement across trading partners, and orchestrates companies, people and things to work together in real-time to serve the end consumer.

Till date, Supply chain control towers have been all about providing visibility to your immediate trading partners. But with the development of multi-party, consumer-driven networks, advanced control towers now provide real-time visibility, collaboration and powerful AI capabilities to move beyond decision-support to decision-making and autonomous control.

Key Benefits of Intelligent Control Tower

Visibility - gain real-time, end-to-end visibility

90%          - reduction in shortages/stock-outs
75%          - reduction in expediting costs
100%       - and more increase in inventory turns
100%       - increase in on-time shipments
 

Key Capabilities of the Intelligent Control Tower

Control towers offer considerable benefits and capabilities, from end-to-end visibility to advanced automation.

• End-to-end Visibility – visibility across supply chain partners, including suppliers, contract manufacturers, transportation carriers, third-party logistics.
• Collaborative information sharing – share information and collaborate in real-time.
• Early warning alerts and exception management – resolve supply chain disruptions before they disrupt your business.
• Predictive and prescriptive decision-support – using predictive and prescriptive analytics.
• Autonomous decision-making and control – take the robot out of the human and boost productivity.
• Cognitive – the self-correcting supply chain with decision-making and machine learning.

Reference : https://www.supplychain247.com/article/how_an_intelligent_control_tower_can_solve_supply_chain_challenges/one_network_enterprise