Today, all organizations want a digitized and contextualized manufacturing environment to enable the digital supply chain where the stakeholders can quickly extract relevant information and make decisions. A digital supply chain has visibility across the supply chain where the goods and materials are physically located and the supply chain and financial achievement can be measured against targets.  And all these things can be achieved through various digital levers like Big Data and Predictive Analytics, Internet of the Things, Cloud Services, Robotic Automation, Omni-Channel E-Commerce, Machine Learning, and Blockchain.

A digital supply chain is a supply chain enabled by digital technologies to provide new revenue, value-producing opportunities. A true digital supply chain fully capitalizes on connectivity, system integration and the information-producing capabilities of "smart" components. In the diagram below few digitization levers have been mentioned which are used for various value chain components for manufacturing very frequently.

Another big benefit that manufacturing companies get is partner enablement. Digital channels enable companies to penetrate in new market regions without any big investments. From traditional liner relation among partners, manufacturing companies transition itself to a network of a partner to ecosystem of partners, using various digitalization platforms enabled by IoT, Omni-Channel, Cloud, API Management etc. This enables even level 2 partners of a manufacturing company to join the ecosystem and actively participate in co-creation and co-innovation. Manufacturing companies benefit from Digital levers led transformation to extend their value chain across borders and thereby comprehensively exploiting global growth opportunities

Running and managing partnership becomes comparatively easier with digital levers and through ‘Outside In’ approach value is injected to OEM’s performance by bringing a new partner very smoothly. Also, the following manufacturing KPIs get positively impacted by usage of digital levers, thus increasing the efficiency of the supply chain.