“It is going to be imperative that companies implement these digital technologies. I personally feel that we are at an inflection point of 18 to 24 months. Those who don’t embrace these technologies and capabilities during this inflection window will lose ground to their competition.”
Organizations that are unable to see the exact disposition of every item in their supply chain will be unable to compete effectively in an increasingly real-time world driven by today’s ecommerce market. So says Mahesh Veerina, CEO of Cloudleaf, a Silicon Valley-based company that is using digital technologies -- including internet of things (IoT), artificial intelligence (AI) and machine learning (ML) -- in the cloud to transform supply chains.