Cannot be saved by technology alone According to Gartner, new technologies such as smart robotics and AI have the potential to transform the supply chain function. However, their impact on labour productivity is likely to be limited unless they are part of a broader strategy. Gartner emphasized the importance of…
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Organizations are seeking to integrate supply chain sustainability IDC predicts that by 2026, 45 per cent of Asian-based organizations will operationalize integrated sustainability in the supply chain and effectively report impact data, enabling a 10 per cent reduction in waste and improving competitive advantage. Sustainability is now on the radar…
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Innovative customer experience strategy twice as likely to drive repurchase orders Supply chain organizations that enable customers to get their own jobs done are twice as likely to receive repurchase orders compared with peers that focus merely on customer satisfaction or ease, according to a survey by Gartner, Inc. The…
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Companies are scrambling to add resiliency to their supply chain programs Most companies will remain locked into an outdated model that will prevent them from achieving end-to-end (E2E) resiliency in their supply chains by 2026, according to Gartner, Inc. Gartner’s analysis indicates that few companies have accepted the necessary paradigm…
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Often backorders have been viewed as ‘shadow’ transactions Chief supply chain officers (CSCOs) tasked to grow direct-to-consumer (D2C) selling and other forms of digital commerce, must implement four actions to navigate ongoing supply chain disruptions, according to Gartner, Inc. These disruptions have resulted in out-of-stocks, missed sales and disappointed consumers. “Disruption…
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Measurement is essential to showing progress to stakeholders A recent survey by Gartner, Inc. found that 74 per cent of supply chain leaders expect profits to increase between now and 2025 because of applying circular economy principles. On average, supply chain organizations have been applying circular economy principles for three years to…
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Supply chain resilience at peak of inflated expectations Supply chain resilience has reached the Peak of Inflated Expectations and will arrive at the Plateau of Productivity in five to 10 years, according to the Gartner, Inc. Hype Cycle for Supply Chain Strategy, 2022. The Peak of Inflated Expectations highlights capabilities where…
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Technological responses to disruptions, supply shortages and security incidents 34 per cent of respondents said that adapting to new technology is the most important strategic change supply chain organizations will face five years from now,” said Dwight Klappich, vice president analyst with the Gartner Supply Chain practice. “Supply chain leaders…
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Leaders turn to data and new technologies to achieve it. A recent study from IBM and Celonis on supply chain resiliency, Chief Supply Chain Officers (CSCOs) recognize the critical role that hybrid cloud, AI, process mining and execution management play in helping them overcome the disruptions they’ve faced over the…
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Unparalleled insight into key challenges in the industry. End-to-end digitization is a top priority for supply chain professionals, according to the Körber Supply Chain Benchmarking Report 2022 to examine industry best practices to advance operational performance. Awareness of the external factors driving supply chain complexity is high. Yet, there is…
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