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A thorough piece of research from McKinsey first points out how much companies are losing out by failing to digitise their supply chain. On average, only 43% are digitised – the lowest of five business areas. And only 2% of executives said that the supply chain was a focus of their digital strategies. And yet by doing so, companies could boost annual earnings growth. The article goes on to examine common errors, potential gains, and how companies might achieve a tech-based supply chain.
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Alex Lennane
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