The best answer to informational silos is technology. If your technology is connected, then your information, processes, and people will be connected too. Here, we discuss how to try and make this possible and how supply chain scientists can generate better decisions, without having to resort to using a huge amount of resources.
In this episode of LokadTV, we go into more detail on decision making in supply chains and introduce the concept of silos. Supply chains are highly complex and depend upon a huge number of decisions that have to be taken every day.
Silos and the fragmentation of decisions happen when departments either can’t - or won’t - easily share information with other departments. This can happen for a number of reasons and results in a considerable reduction of efficiency and productivity, ultimately impacting upon the profitability of a business. We talk about both vertical and horizontal fragmentation within a business and how and why it can occur.
To conclude, we discuss what technology can be put in place to render a business’ supply chain more efficient and to avoid this phenomenon