Organizations demand, utilize resources and maximize revenue by staying current on supply chain strategy.Īutomation and digitization: Corporations will digitize and automate their supply chains to maximize inventories. Understanding industry trends is necessary. To stay competitive, companies must constantly evaluate their supply chain strategies.
Digitization, globalization, changing consumer expectations, volatility and customer demands, and disruptive new business models have created new supply chain opportunities.
Transforming supply chains and overcoming new challenges gave companies a competitive edge. The expanding availability and affordability of digital technologies and automation, and the need for organizations to be more agile and responsive in a complex and fast-changing business environment, will undoubtedly accelerate their adoption.įREMONT, CA: The pandemic has disrupted supply chains, making procurement teams more agile and underlining the importance of supply chain strategy to a company's bottom line.
