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Key Trends and Themes for Supply Chain and Logistics in 2024

SCMDOJO

These technologies can examine huge portions of data from multiple sources, and recognize patterns and tendencies that would be impossible for humans to discern. The amplified visibility lets companies verify the authenticity and provenance of products, reduces the risk of counterfeiting, and helps ensure regulatory compliance.

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Streamlining Success: Unveiling the Power of Order Management Software in Supply Chain Optimization

SCMDOJO

billion figure by 2026, which was $1.0 Order processing It facilitates automated order-taking and processing from various sources integrated with the system. Security and Compliance The system includes: Intelligent fraud detection; E-signing for order documentation; An end-to-end audit trail for order management activities.

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The Role of Blockchain in SCM, with Examples

SCMDOJO

It has made visible changes in the SCM systems. As per an estimate , in 2020, its worth was $253 million and predicted to grow up to $3,272 million in 2026. Blockchain Supply Chain Examples Supply chain control It makes all data available to view from end to end with increasing transparency and control over all supply chain procedures.

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Reimagining IBP in the Age of AI

Supply Chain Trend

Specifically for supply chain, Gartner estimates are that short term planning decisions will be automated for 65% in 2026. However, one McKinsey study found that 7% of CPG companies apply end to end autonomous planning. Sourcing could change suppliers, contracts, or interchangeable materials to get a better COGS and ESG score.

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The Intelligent IBP Manifesto – key principles for a new planning paradigm

Supply Chain Trend

However, only 3% of companies apply automated execution and 7% autonomous end to end planning. A Gartner report suggests that by 2026, over 65% of short-term decisions within supply chain planning will be automated or autonomous. For example a monthly triggered risk analysis (set of simulations) from your e2e supply chain.