That means that in 2023 supply chain leaders will have the opportunity to pick up supply chain initiatives that may have been sidelined during the crisis years — including data and digitization programs that precisely orchestrate supply chain activities, as well as sustainability efforts that reduce ...
Inventory optimization.Companieshave moved from just-in-time to just-in-case inventory management. As a result, inventory levels have skyrocketed, locking up significant working capital. As companies become more sensitive to costs in 2023, they’ll resort to inventory optimization ...
Ivanti conducted a survey across the supply chain profession to gauge the current state of supply chain, including key insights and trends to watch.
Supply Chain Management involves the management of the flow of goods and services, including the movement, storage, and transportation of raw materials and products from the point of origin to the point of consumption. AI generated definition based on: Big Data Mining for Climate Change, 2020 ...
supply chain players across the board. After all, organizations nearly doubled their investment in supply chain innovation in 2023 from the previous year, according to Catena’s Supply Chain Trends & Insights: Innovation report. Additionally, 67% of CEOs plan to increase investment in disruption ...
As of February 01, 2025, our research reveals a significant shift in Supply Chain Manager compensation over the past six years. For example, the median salary increased from $104,131 in 2023 to approximately $105,370 in 2024.(For a detailed analysis of Supply Chain Manager salary trends, cl...
Still, let’s avoid getting ahead of ourselves and planning for a utopian world. Instead, we shall focus on where AI stands now and what it means for the backbone of any business – the supply chain. AI Has Taken Supply Chain Management by Storm ...
Half of supply chain organizationswill have invested inartificial intelligenceand advanced analytics by the year 2024. Eight technology trendswill accelerate supply chain digital transformation over the next several years. Follow a four-step processto ensure strong ROI on supply chain digitalization. ...
Having a clear leadership vision can help you navigate these challenges and take the necessary actions to impact future supply chain success.Additional resources on the future supply chain How Global Supply Chains Get Ahead of Trends, Disruptions Creating a Nontraditional Supply Chain Rethink Supply ...
Companies today need to focus on surviving the pandemic and its effects before looking into cutting-edge technology. Gartner’sHype Cycle for Supply Chain Strategy 2021lists capabilities like AI and control towers as peak trends, but with a time frame of 10 years to reach the “Plateau of...