Friday, September 20, 2024

GoComet’s Mission to Future-Proof Global Supply Chains

GoComet, a leading global platform in supply chain visibility, has concluded the fourth edition of GoComet Odyssey, marking a milestone in the company’s commitment to the U.S. market. The event, focused on building resilient supply chains in the face of ongoing global disruptions, saw participation from industry leaders across the pharmaceutical, automotive, medical device, food and beverage and consulting arenas.

By hosting its first U.S.-based event, GoComet further solidifies its role as a trusted partner to a growing list of major U.S. clients, including Vita Coco, General Mills, Honda, John Deere, S&P Global, Qatar Airways, Ajinomoto, Borosil and Bazooka Candy, among many others.

“We imagine a world where businesses build the resiliency to make a comeback after every disruption; a world where flexibility doesn’t come at the expense of efficiency; and where our technology transforms supply chain operators into strategic decision makers,” said GoComet CEO Gautam Prem Jain in his opening remarks.

Since the onset of the COVID-19 pandemic, the supply chain industry has faced a cascade of disruptions, ranging from infrastructure breakdowns and economic shifts to major geopolitical clashes and wars.

“Once-in-a-lifetime events are occurring every few months in supply chains today,” said Chitransh Sahai, GoComet’s Chief Business Officer, highlighting the unprecedented challenges facing the industry.

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In response, business leaders are looking beyond automation of repetitive manual tasks and building robust systems to maintain a competitive edge. Today, they’re focusing on digitizing their supply chain and boosting employee productivity so employees can focus on data-based, high-value strategic work.

For example, the logistics teams at Missionpharma, a global supplier of pharmaceuticals, medical consumables, hospital equipment and medical kits, engaged and collaborated a variety of stakeholders via emails and telephone calls, resulting in a slow, siloed process; there was no clear way to identify who was working on what initiatives.

By transforming manual processes across its international logistics chain to a 100% digital process, Missionpharma transformed its global supply chain operations with enhanced visibility and efficiency. It saw a 5% reduction in transportation spending due to automated negotiations and a significant boost in productivity with little to no manual intervention. The company now handles 20% to 30% more shipments with no additional staff.

A recent GoComet customer survey revealed that while 83% of supply chain professionals believed they had the technology to anticipate disruptions, only 19% felt confident in their ability to act decisively when disruptions occurred.

“This discrepancy underscored a vital truth: that resilience in supply chains is not just being aware of what’s happening. Rather, it’s about knowing what to do next. The right action, taken at the right moment, could mean the difference between operational success and costly setbacks,” said Jain.

SOURCE: PRWeb

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