What are the perspectives for the future Supply Chain?

What are the perspectives for the future Supply Chain?

AUTHOR

chiefstaff

TIME TO READ

minutes 

UPDATED ON

January 8, 2019

According to a KPMG study, the priority for firms towards their suppliers remains costs, but there are also new priorities which appear such as shares of knowledge, skills and resources.

In the near future, most firms claim that they want a more integrated supply chain with more responsibilities for suppliers concerning stocks. Firms are looking for safe partnerships with their suppliers and they use financial audits to be sure of their partners. Moreover, there are more and more concerns about intellectual property. Furthermore, we can notice a strong wish of firms to control more and more supply chain. For instance, in 2008, Carlos Ghosn, CEO of Renault-Nissan said: “We are not anymore in a world where logistics follow”.

The future Supply Chain has to be flexible. To reach this purpose, supply chain managers must have safe suppliers and integrate actors of the supply chain. This shows that Supply Chain’s evolution is at the heart of concerns for the near future. Supply Chain of the future would be flexible, safe and with a strong partnership between different actors of the chain.


Copyright - These concepts, frameworks and ideas are copyright of GLOBAL SUPPLY CHAIN GROUP from the time of their creation. Do NOT copy these without permission and proper attribution.

Notes:

  1. These ideas and concepts will be usually expressed by our thought leaders in multiple forums - conferences, speeches, books, reports, workshops, webinars, videos and training. You may have heard us say the same thing before.
  2. The date shown above the article refers to the day when this article was updated. This blog post or article may have been written anytime prior to that date. 
  3. All anecdotes are based on true stories to highlight the key points of the article - some details are changed to protect identification of the parties involved. 
  4. You are encouraged to comment below - your real identity and email will not be revealed when your comment is displayed.  Insightful comments will be  featured, and will win a copy of one of our books. Please keep the comments relevant, decorous and respectful of everyone. All comments represent opinions of the commentators.

chiefstaff

MORE INTERESTING READING
  • We are facing the issues of revolutionary changes in supply chain logistics. Do you have any helpful advice or content to share?

  • Future of Supply chain in the 21st century:
    IoT further supplies the necessary infrastructure that enables the extension of data to different layers of automation within a factory. Moreover, gathering data for analytics becomes cheaper and faster without disturbing any control systems in the process. IIoT also allows automation by modules which further help scale production up or down according to the prevailing market needs. This, in turn, enables faster time-to-market for pharmaceutical products in accordance with market- or region-specific rules and regulations.

    IIoT will become an integral part of the manufacturing supply chain. The supply chain has a key role in pharma manufacturing to help address new challenges; for example, increasingly global and outsourced supply chains. Supply chains today demand high levels of coordination and alignment across all stakeholders and processes. Visibility and collaboration across the entire supply chain were not challenges that traditional business applications could resolve. As a consequence, pharma companies understand the value of advanced IIoT solutions that could help fill this gap. Leading pharma companies are taking lessons from IIoT implementation in parallel industries. This has resulted in numerous benefits for the industry:

    Increased and up-to-date visibility of the supply chain
    Complete control over quality and serialization
    Higher on-shelf availability
    Better margins and profits

    (https://bit.ly/2OkY2vb)

  • {"email":"Email address invalid","url":"Website address invalid","required":"Required field missing"}

    FOR SENIOR EXECUTIVES AND DIRECTORS

    YOUR HIGHEST VALUE ADDED IN YOUR COMPANY

    >
    %d bloggers like this: