Friday, 20 November 2020 21:09

Digitalization is the key to optimize processes within companies

Written by Cindy Moreno

The company EY, a world leader and specialist in audit, tax, transaction and consulting services. It recently launched its study on how the future of work will change the digital supply chain.

The study was conducted with 212 chain leaders from various sectors and sizes of companies to find out how much they believe that component has changed, and will change in the future.

Supply chains allow companies to have the organization necessary to carry out the development of a product or service and that this fulfills the main objective which is to satisfy the needs of the final client. In this process that includes suppliers, transport, manufacturers until it ends in the customers.

We highlight the communication and technology that the company has, so it is very important that they have a supply chain, and thus manage to optimize their tasks and perform them in less time.

However, these processes were altered due to the crisis of COVID-19 that was experienced worldwide. The study showed that the lack of budget and lack of qualified talent are the main causes for failure in the processes, concluding that digitalization is the key.

According to the study, 1 in 4 respondents did not consider their staff to be experts in emerging technologies, a worrying result given the potential impact of technology on the efficiency of each company's processes. 80% of respondents said their workforce needed new digital skills to stay competitive.

The study's recommendations were for companies to expand their talent pool beyond the entire demographic, to reconsider where experienced employees can add value, and to focus more on professional growth and continuous learning and recognize the best. Also, reconsider what skills you need and recognize how valuable different mindsets are.

 

Last modified on Friday, 20 November 2020 21:13