To achieve success in the supply chain industry today, it is essential that companies’ supply chains are dynamic, responsive and interconnected to your ecosystem and processes.
What is the IBM Sterling Supply Chain Suite?
The IBM Sterling Supply Chain is an open, integrated platform that easily connects to your supplier ecosystem, while leveraging advanced technologies like artificial intelligence (AI) and blockchain. It is built on IBM assets, such as the Sterling B2B multi-enterprise network, Sterling Order Management, Sterling Inventory Management, IBM Watson and IBM Blockchain. It provides end-to-end visibility, real-time insights and also creates the opportunity for customer engagement, growth and profit.
IBM described the introduction of its Sterling Supply Chain Suite as “an integrated supply chain suite, embedded with Watson AI and IBM Blockchain and open to developers, to help organisations make their supply chains smarter, more efficient and better able to make decisions to adjust to disruptions and opportunities in an era when globalisation has made supplier networks more complex and vulnerable than ever.”
The launch of the IBM Sterling Supply Chain in October 2019 was seen as a sign of intent from the firm to become the number one in the market. Seeking to take advantage of a $50bn market in technologies that will allow global businesses to digitally transform their supply chains, IBM hopes to unlock true value through their supply chain suite.
“Supply chains are now mission-critical systems for all businesses to drive success and profitability,” said Bob Lord, Senior Vice President, Cognitive Applications and Developer Ecosystems, IBM in a press release. “Many organisations have risen to the top of their industries by building efficient and agile supply chains. By modernizing supply chains on top of open, hybrid-cloud platforms and infusing Watson AI, IBM Blockchain and IoT into their networks, the IBM Sterling Supply Chain Suite can help companies across all industries enter a new era of global competitiveness.”