For well over a year the topic that’s been top of mind for companies across the globe is supply chain issues. There were positive outlooks heading into 2022, but the continued effects of the pandemic have forced disruptions across the manufacturing industry, as well as other sectors like the labor market, energy and transportation.
The solution: low-code platforms.
A 2021 survey found that 90% of companies continue to deal with “extraordinary cost increases because of supply constraints,” with more than 60% predicting these issues will persist through 2022. With challenges showing no signs of easing up, it will be more important than ever before to orchestrate people, systems and data into consolidated workflows to help ease supply chain woes.
The trouble in getting products from manufacturers to consumers is estimated to have caused revenue losses upwards of 20% for retailers alone. Businesses across the board are looking for software that provides visibility into every step. Low code alleviates inefficient processes, reinforces enterprise-scale applications and automates important tasks to help businesses better adapt to ongoing issues while building a more resilient supply chain.
Only 29% of tech workers have a “high intent” to remain in their current roles this year, while e-commerce sales will make up an estimated $1.06 trillion in 2022. There is a clear imbalance between the need for digitization and the people to power it. With 62% of organizations citing supply chains as the top priority for digital investments going forward, the digital component of supply chain management is more important than ever. Yet the lack of a skilled developer workforce and increased software demands has moved low-code development into the spotlight.
Ideal end-to-end supply chain visibility was incredibly complex before these bigger issues arose. To move toward a connected supply chain, organizations will have to leverage technologies that digitize and automate end-to-end supply chain processes, align internal systems and connect customers and partners. These solutions would be enterprise-level, scalable and accelerate manufacturers' digitization journeys. Here are some reasons why businesses should use low-code to combat ongoing issues.
1. Real-time end-to-end visibility
