Given the importance of supply chains, it’s no surprise that many trends in supply chain management center around the improvement of the supply chain itself, with new business models gaining traction (SupplyChain247, 2018). Supply chain technology trends also heavily feature robotics, IoT, and b...
Although AI and digitization will be at the forefront of supply chain transformation in 2024, all the aforementioned trends work in tandem to create improvements in visibility, efficiency, resilience, and customer satisfaction across the board. Companies that strategically integrate these technologies into...
Sustainable Supply Chain Trends What could be the sustainable supply chain trends in 2024 and beyond? Supply chain management is not the same as ten years ago. And it can be challenging working in an industry that morphs faster than a Power Ranger. Today, supply chain management has become ...
Discover the latest Supply Chain insights, trends, strategies and best practices. Learn how to optimize your Supply Chain processes and practices to drive better results.
In an ever-changing and volatile supply chain environment, the speed of decision-making becomes a key factor in supply chain success — and the use of location data is important to that effort. “The faster you can get access to data and use it to sense what’s going on in your supply...
Fast chain model The fast chain model prioritizes speed. Supply chain managers use this model for turning raw materials into a final product in as little time as possible and then quickly getting that product to end consumers. This model lets you capitalize on hot trends, bring new products ...
Foreseeable supply chain disruptions Shift in supply chain concerns ESG impact and digitization Explore the findings of QIMA’s H1 2024 survey of 800+ businesses with international supply chains for insights into the key trends shaping global sourcing today and in the near future: ...
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...
One of the central traceability challenges highlighted in the Loftware 2024 Top Trends report is response time to product recalls. 48% of organizations surveyed believe the biggest risk associated with not being able to track products through the global supply chain is the...
According to our 2024 “Top 5 Trends” report, 76% of businesses think AI will be an important part of their business operations and supply chain within the next three years. The link between AI and the Cloud is a crucial and symbiotic relationship that will play a fundamenta...