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Smart supply chain concept - the retailer hold the tablet and use augmented reality technology monitor data of out of shelve, price, planogram, campaign of compliance

Point of View

 

Supply Chains as Fluid Dynamic Ecosystems

Infuse fluidity into supply chain ecosystems to deliver dependable retail

Even the finest supply chains, with the most cost-efficient and customer-centric strategies are facing humongous challenges to respond to recent disruptions. As retailers grapple with the realities of the post-COVID world, they are looking at reinventing themselves. In addition, a combination of other forces such as global integrations and increased focus on phygital experience has sparked a new revolution in supply chain networks. 

To align with the needs of a changed consumer and business environment, supply chains need to evolve into dynamic ecosystems necessitating enhanced fluidity in supply chain networks. Fluid supply chain ecosystems exhibit a high degree of resilience and responsiveness, and can handle evolving complexities, unearth new opportunities, and help create new business models.

Neha Singh

Supply Chain Functional Consultant, TCS

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