Supply chain productivity declines ‘cannot be solved by technology alone’
New technologies ranging from smart robotics to actionable AI have the potential to transform the supply chain function, but they will fail to lift historically low levels of labor productivity unless utilised as part of a broader strategy. Gartner experts shared those findings during the opening keynote presentation at the Gartner Supply Chain Symposium/Xpo EMEA, […]
Global enterprise ready to spend $70bn on smart energy solutions
Businesses are being compelled to reassess their energy purchase agreements with utilities, contemplate installing renewable microgrid systems, and prioritise energy efficiency, spending a stunning $70 billion on smart energy solutions by 2030. That’s according to ABI Research, which points to escalating energy prices posing a formidable obstacle to businesses and industries worldwide. It predicts that […]
73% of average supply chain IT budget ‘will be allocated to growth and performance’
As organisations place greater emphasis on supply chain management, Chief Supply Chain Officers (CSCOs) intend to grasp their collective opportunity to invest in growth through new technology investments. That’s according to a survey of 499 supply chain leaders undertaken by Gartner from October through December 2022 in North America, Latin America, Western Europe and the […]
Research pinpoints top five smart factory implementation risks
Smart factory operations can help supply chain leaders achieve many of their highest priorities, but the challenges are too often underestimated. That’s according to research from Gartner, which says successful smart factory initiatives require accompanying cultural and operational transformations that are slow by nature and in many cases will require entirely new organisational designs to […]
70% of businesses ramping up investment in supplier risk detection
Moody’s Analytics research into third party risk management shows that the threat to reputations is a key driver of investment in supplier risk detection. Key findings include 69% of businesses say they do not have the necessary visibility over their supply chains to uncover risk in their organisational networks to avoid reputational harm. Meanwhile, 70% of […]
Is carbon management crucial for a clean supply chain win?
As the urgency to combat global warming intensifies, enterprises are increasingly adopting rapid decarbonisation practices to align their business strategies with sustainable development goals (SDGs). With a focus on addressing the dual crises of climate change and the ongoing destruction of natural ecosystems, businesses are at the forefront of sustainability efforts and are highly interested […]
Customer enablement only emphasised by 23% of supply chain organisations
Supply chain organisations that enable customers to get their own jobs done are twice as likely to receive repurchase orders compared with peers that focus merely on customer satisfaction or ease. A Gartner survey also found that customer enablement is only being emphasised by 23% of supply chain organisations today, but the strategy will become […]
Inadequate tech means 95% of companies will fail to enable end-to-end supply chain resiliency by 2026
Most companies will remain locked into an outdated model that will prevent them from achieving end-to-end (E2E) resiliency in their supply chains by 2026. Analysis by Gartner indicates that few companies have accepted the necessary paradigm shift from being forecast-driven, and primarily focused on accuracy, to instead focusing on managing uncertainty in their supply chains. […]
65% of companies plan to accelerate supply chain and logistics innovation investment
More than two-thirds of organisations plan to increase their technology spending over the next two years, though 87% indicated they still face internal inhibitors to supply chain and logistics innovation. That’s according to a Descartes study Supply Chain and Logistics Innovation Accelerates, but Has Long Way to Go, which examined how technology innovation is changing […]
FMCG giants ramp sustainable packaging efforts
Fast-moving consumer goods (FMCG) companies are increasingly pledging to bring the environmental, social and governance (ESG) element into packaging with an aim to address various environmental challenges. Amid mounting pressure from customers, investors, and governments, they are making forward-thinking moves to improve the world by offering ethical, sustainable purchase choices to consumers, says GlobalData. GlobalData’s […]
