Because the COVID-19 pandemic continues to create vital challenges for the manufacturing and retail business globally, the necessity for a resilient and agile provide chain community has by no means been higher. Vodacom Enterprise has developed varied digital options to assist companies obtain a real linked provide chain community to assist enhance efficiencies and face up to disruption and unpredicted hurdles sooner or later.
Immediately’s provide chain community is extra advanced than ever. It has turn into a digital ecosystem of suppliers, logistics corporations, prospects and different worth chain companions that stretch throughout the globe. The provision chain community depends on the synchronised motion of hundreds of interrelated components to satisfy the ever rising buyer demand for higher, extra modern merchandise and on-time, low value supply.
A linked provide chain community makes use of digital applied sciences to ship end-to-end provide chain visibility and improved enterprise operations.
Based on the World Financial Discussion board, there are greater than 4 trillion shopper merchandise made, shipped and offered globally yearly. But end-to-end traceability of every merchandise by way of its lifecycle journey – from uncooked materials to manufacturing to the patron to recycling, resale or disposal – remains to be vastly difficult for the overwhelming majority of products.
At Vodacom Enterprise, we now have property which leverage key applied sciences, like cloud, the Web of Issues (IoT), Massive Knowledge, B2B integration, cellular and information options, in addition to software program outlined networks that allow our enterprise purchasers to create an finish to finish linked provide chain community. This permits companies to create a panorama the place they can entry data and have interaction with their companions and prospects from anyplace on the earth, at any time throughout the complete provide chain community.
“We perceive the complexities and challenges many companies are going through in an ever-changing market panorama. We consider a linked provide chain community permits for higher operational visibility, making it simpler for companies to promptly adapt to any modifications available in the market. It’s essential to notice that having a linked provide chain community is about getting all of the components of this ecosystem to correlate and successfully share the mandatory information and insights wanted to learn all of the events within the provide chain community. At Vodacom Buying and selling Bridge, we allow our purchasers to create this linked community which permits them to extend resilience and minimise danger all through their enterprise operations,” says Pearl Masoga, Performing Managing Government for Retail and FMCG at Vodacom Enterprise.
Vodacom Buying and selling Bridge, one of many key applied sciences that Vodacom Enterprise will use to allow a linked provide chain community, is a platform enabling each massive and small enterprises to digitise their provide chain community, enabling finish to finish transaction visibility. The platform is sort of huge in its operations, switching in extra of 84 million transactions to the worth of R200 billion each year. By digitising their end-to-end provide chain system, companies have visibility and management of operations in close to real-time, in addition to entry to in-depth information insights to enhance efficiencies and buyer providers.
With Vodacom Enterprise, companies which have a totally digital provide chain community additionally profit from the Vodacom Enterprise modern monetary providers, equivalent to automated invoicing, cellular fee transactions, and lending to each provider and service provider, in addition to scalability and attain into Africa with partnerships equivalent to M-Pesa.
“The occasions of the previous yr have led to many organisations re-evaluating their methods, offering a chance to adapt to a extra linked method of their enterprise community programs. For the provision chain, a digitalised, built-in system affords a number of benefits in adjusting to unsure future circumstances whereas offering constant and dependable customer support,” provides Masoga.
