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Key Trends and Themes for Supply Chain and Logistics in 2024

SCMDOJO

In 2024, the logistics and supply chain industry will continue its transformative journey, driven by technological advancements and growing consumer expectations. According to industry reports, over half of business leaders acknowledge the need for supply chain improvements, with 52% believing they could enhance their operations.

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FDA FSMA: Providing value beyond compliance

IBM Supply Chain Blog

The supply chain plays a pivotal role in delivering goods and services to both businesses and consumers, serving as the connective thread between industries, nations, communities and all components of the value chain. Our dependence on supply chains is most pronounced in ensuring food supply.

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Security AI and automation are key in protecting against costly data breaches for retailers and consumer goods businesses

IBM Supply Chain Blog

But there’s good news: by modernizing their cybersecurity strategy with automation and AI technologies , businesses can help reduce costs and minimize time to identify and contain breaches. The cost of vulnerability It’s easy to see why retail and consumer goods industries present so compelling a target for attackers.

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Technology Support in Integrated Business Planning: Automation, Augmentation and Human Centricity

Supply Chain Trend

Preview In his 2019 Foresight article, Niels van Hove examined eight technological hurdles that must be overcome to enable autonomous or ‘lights out’ supply-chain planning. He reasoned that to support such planning we need to implement a third wave of integrated supply-chain planning software.

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Why Procuretech has Immense Potential to Grow

Procurement Software

The experience of COVID-19 also showed that poorly managed vendor master data contributed to some of the delivery delays and supply chain disruption. These are usually not the household names with massive marketing budgets to sponsor glitzy conferences. Apple has him to thank for how sleek and optimised its supply chain is.

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Gartner® Top 4 Predictions for Procurement in 2024

Arkestro

From a global pandemic completely disrupting supply chains to the emergence of artificial intelligence (AI) as a game-changing technology to automate sourcing, the industry is on a fast track to depart from the status quo of procurement in decades past. soft skills) for procurement staff.”

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Will Digital Procurement Tech Grow 25.3% Year-on-Year?

Procurement Software

billion in 2021 to a projected $8 billion by 2026, which corresponds to a compound annual growth rate, or CAGR, of 25.3% In other words, I would lump e-sourcing, contract management and certain supply chain risk and resilience technology into this definition too. (Just for the record, I didn’t spend $4,500 to read it in full!).