At the same time, they’re grappling with the supply chain implications of several big shifts in the business landscape: labor challenges, stakeholder pressure to decarbonize and improve sustainability of operations, evolving customer expectations, and transformative technologies such as artificial intelligence. [...] In particular, digital traceability—allowing companies to see what’s happening in their supply chain in real time and from end to end—will be the greatest enabler of the supply chains of the future. [...] Feeding that data into advanced software models and artificial intelligence technologies will unlock huge benefits: more easily spotting and responding to risks and disruptions, adapting to customer needs and customizing by segment, making more informed decisions about supply chain investment trade-offs, and better tracking and certifying sustainability outcomes. [...] 4 How CEOs Can Balance the New Supply Chain Equation More than half of companies plan to increase their supply chain onshoring or “near-shoring…” 5 How CEOs Can Balance the New Supply Chain Equation The right supply chain trade-offs will, of course, vary by business. [...] Leaders are forming a clear plan grounded in the business strategy and what their company needs from its supply chain to win in the market.
- Pages
- 12
- Published in
- United States of America
