IDC: The Future of Supply Chain
“What are the challenges and technologies shaping the future of supply chain?
We’re living in what some call the age of disruption, where digital business and globalization are disrupting business models and industries and changing the way we live and conduct business. According to IDC, this will translate into 33 percent of all manufacturing companies being disrupted by digitally-enabled competitors by just 2018-2019.
The IBM Institute for Business Value (IBV) Chief Supply Chain Officers (CSCO) study found that “the executives charged with managing supply chains are under severe pressure. As suppliers and information flows multiply, supply chains are becoming more complex, costly and vulnerable. And executives are finding it increasingly difficult to respond to these challenges, especially with conventional supply chain strategies and designs.” An agile supply chain is key to an agile business, to the survival and success of the business. And in this global and digital age, companies and their supply chain organizations must be able to pivot and adapt to stay ahead of the competition. Having insight into the trends and forces impacting global markets and business operations goes a long way in helping a supply chain, and a business, stay competitive. Read this paper to learn more.