The business landscape is changing rapidly and new technologies are disrupting a host of industries. From manufacturing to the supply chain, digital systems are revolutionizing how age-old processes are executed.
The supply chain technology market is in transition. Over the last three decades, the market weathered consolidations, mergers and technology shifts. Many of the clients I work with are nervous about SAP APO's transition and the evolution of SAP's supply chain planning solutions. They are looking for alternatives.
When it comes to the modern supply chain managers have a relatively new risk to consider, cybersecurity. As major logistics providers from all around the world struggle with keeping their private data secure, businesses are investing time and resources to address this serious concern. From shutting down major ports to the risk of losing private client data, the time is now to address cybersecurity in the supply chain.
Long product tails are good for digital businesses with minimal inventory costs, but represent a major financial commitment for make-to-stock manufacturers. A long tail severely impacts business performance – hurting forecast accuracy and forecast value-added, driving a lot of bias and inventory, hurting productivity, increasing obsolescence, and impacting S&OP. These all eventually have real financial impacts on your company. So just how long is the long tail for consumer goods? Well, it’s a lot longer than you might think.
Supply Chain 2020 will continue collapsing cycles, challenging Supply Chain professionals and taking advantage of exponential technology shifts.
What’s on your RADAR for the Supply Chain of 2020? What should be?
People, Process and Technology – some indicators and trends to watch out for in the coming years.