The pace of change is accelerating
Access to data and digital technology is changing the game. New operating models are springing up everywhere. The workforce is having to learn new skills, constantly. For supply chain executives this all means one thing: we must evolve.
So, what are the essential attributes of a future-ready 21st century supply chain?
Of course, it has to be customer-centric. It must have the agility and resiliency to operate in the ever-changing digital world and deliver not just revenue and profit, but sustainability. Most importantly, it has to be purpose-built.
What’s on the agenda for supply chain?
To create a 21st century supply chain, you need to consider six factors.
Ethical supply chains
Businesses need to act to operationalize their sustainability strategy.
A workforce for the future
Rapid workforce hiring and reskilling are critical organizational success factors.
The right tech
What got you here won’t get you there. Learn how to make the right technology bets.
Data-driven decisions
Approach decision-making as a business discipline enabled with analytics technology.
Micro supply chains
Get closer to your customers with decentralization, additive manufacturing, last mile advances and machine learning.
Customer-centric supply chains
Use marketing and R&D expertise to build supply chains that put your customer first.
Where next?
Business as usual is not an option.
The biggest limitation for supply chains is no longer technology and what it can do, but the imagination of the people who put it to work. As enterprises around the world face a perfect storm of change, today’s supply chain leaders must transform business models, organizational structures and operations to thrive today and in the future.
Contact us today to accelerate your digital transformation journey.
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Generative AI models – the risks and potential rewards
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