New Online Supply Chain Digital Consciousness Index Assessment Tool Helps Firms Benchmark Their Progress Towards Digital Supply Chains

MHI

Tool is based on the findings of the 2019 MHI Annual Industry Report

MHI just released the Supply Chain Digital Consciousness Index (DCI) online assessment tool. This tool is based on the findings of the 2019 MHI Annual Industry Report, titled “Elevating Supply Chain Digital Consciousness,” and is designed to help companies measure and gauge their progress on the journey to more digital, always-on supply chains.

Four Stages of Digital Adoption and the Supply Chain DCI  
 
The 2019 MHI Annual Report defined a pyramid of digital adoption that has four technology stages, starting with the collection of data through digital connectivity, and then moving up the pyramid to generate increasing supply chain value and insights from that base data through automation, advanced analytics, and ultimately artificial intelligence.
 
The report also included a Supply Chain Digital Consciousness framework, developed by MHI and Deloitte, to help organizations assess their digital mindset and gauge their progress on the journey to becoming more digitally conscious.
 
The Supply Chain Digital Consciousness framework characterizes a supply chain on four levels of awareness – from dormant to elevated - and across five digital categories. The five digital categories span all dimensions of supply chains, from leadership, talent development and workplace culture, to technology and innovation adoption, to customer experience. 
 
This framework can help companies understand their current level of digital adoption and then identify gaps and next steps to boost digital consciousness and supply chain performance. Within this framework, the report includes a Supply Chain DCI assessment tool companies can use to measure where they are on their digital adoption journey.
 
The Supply Chain DCI quantifies the current level of supply chain digital consciousness, as well as measures progress made toward desired end-state. It helps firms determine the current state of their digital consciousness, determine and prioritize gaps in order to develop a comprehensive strategy for digital consciousness that meets their unique business goals.
 
The Supply Chain DCI assessment tool can be found at mhi.org/dci. The 2019 MHI Annual Industry Report can be downloaded at mhi.org/publications/report

About MHI
MHI is an international trade association that has represented the material handling, logistics and supply chain industry since 1945. MHI members include material handling and logistics equipment and systems manufacturers, integrators, consultants, publishers and third-party logistics providers. MHI offers education, networking and solution sourcing for their members, their customers and the industry as a whole through programming and events. The association sponsors the ProMat and MODEX expos to showcase the products and services of its member companies and to educate manufacturing and supply chain professionals on the productivity solutions provided through material handling and logistics. 
 
About Deloitte
Deloitte provides industry-leading audit, consulting, tax and advisory services to many of the world’s most admired brands, including more than 85 percent of the Fortune 500 and more than 6,000 private and middle market companies. Our people work across more than 20 industry sectors to make an impact that matters — delivering measurable and lasting results that help reinforce public trust in our capital markets, inspire clients to see challenges as opportunities to transform and thrive, and help lead the way toward a stronger economy and a healthy society. Deloitte is proud to be part of the largest global professional services network serving our clients in the markets that are most important to them.
 
Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee (“DTTL”), its network of member firms, and their related entities. DTTL and each of its member firms are legally separate and independent entities. DTTL (also referred to as “Deloitte Global”) does not provide services to clients. In the United States, Deloitte refers to one or more of the US member firms of DTTL, their related entities that operate using the “Deloitte” name in the United States and their respective affiliates. Certain services may not be available to attest clients under the rules and regulations of public accounting. Please see deloitte.com/about to learn more about our global network of member firms.

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