Supply Chain Systems Under Transformation—Key Trends and Growth Insights

Supply Chain Systems Under Transformation—Key Trends and Growth Insights

New Technologies, Changing Consumer Preferences, and Industrial Convergence are Expected to Lead The Transformation of Global Supply Chain Systems

RELEASE DATE
27-Dec-2017
REGION
North America
Research Code: 9AB2-00-AD-00-00
SKU: TP00181-NA-MR_21349

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SKU
TP00181-NA-MR_21349

$1,500.00

$1,125.00 save 25 %

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Description

Supply chain management across industries around the world has undergone a substantial overhaul. Globalization, the rapid growth in emerging economies, and the changing dynamics of business processes are driving the highly varying levels of demand from different regions across the globe. Multiple market factors are influencing supply chain systems, including the rising trend of e-Commerce growth, omni-channel marketing and sales, digital technologies, and real-time connectivity at economical rates. With rapid product proliferation due to shorter product lifecycles, shrinking time-to-market, and the intensifying competition, companies are under tremendous pressure to improve planning efficiencies and reduce supply chain costs.

The early adoption of new technologies will help companies overcome challenges related to procurement, manufacturing, storage, and distribution functions and processes and help to improve system efficiency. For example, the emergence of disruptive technologies such as Big Data analytics, 3D printing, Internet of Things (IoT), robotics, and automation holds the potential to build capabilities and provide procurement functions with the ability to understand, analyze, and take data-driven strategic decisions based on total cost of ownership (TCO) impact and, at the same time, make day-to-day operational execution efficient and effective.

Understanding customers’ needs and re-aligning according to real needs and expectations are important, and this provides a framework for critical areas that require improvement. Supply chain transformation must balance responsiveness and efficiency with a focus on an integrated view of end-to-end supply chain activities. Technology adoption and the need for end-to-end supply chain visibility have emerged as the focus areas of improvement. Based on new processes, systems, and technologies, key performance metrics must be developed and enforced. Strong leadership is important to create and enforce impetus for change and resolve conflicts, thereby helping to overcome organizational inertia and work toward the proactive adoption of changes in new processes and methods.

Research Scope

The aim of this insight is to research and analyze the key developments related to global supply chain trends and assess the impact of globalization and digitalization. It also identifies the key factors driving the transformation of the supply chain.


Key Issues Addressed

  • How is the global supply chain responding to changes in digital technologies?
  • What are the key factors driving the need for continuous improvement in supply chain management?
  • What is the importance of integrated planning in improving supply chain efficiency?
  • How do globalization and outsourcing trends affect the procurement functions of organizations?
  • What is the role of digital technologies in improving the efficiency of procurement functions?
  • How is the traditional supply chain being transformed as a result of advancements in technology, e-Commerce growth, regulatory changes, and investment?
  • What are the guidelines to be followed in the transformation of the supply chain?

Table of Contents

Research Scope and Methodology

Key Questions this Study will Answer

Key Findings and Growth Insights

Supply Chain—Past and Present

Automation and Precision-enabled Solutions are Key to Manage Supply Chain Flows

Supply Chain Operations Reference Model

Approaches to Planning for Improvement

Planning for Improvement—Integrated Planning

Planning for Improvement—Assessment of Capabilities

Planning for Improvement—Role of Technologies

Reduction of Procurement Costs to be Given High Priority

Procurement Efficiency will be Driven by Technologies

Integration with Supplier Networks through Technologies

Key Supply Chain Transformation Trends

Supply Chain Transformation—Performance Aspirations

Technological Impact on Supply Chain Functions

Outlook and Insights

Growth Opportunity—Supply Chain Systems and Logistics

Strategic Imperatives for Success and Growth

The Last Word—3 Big Predictions

What does Frost & Sullivan’s Global Transportation and Logistics Program Cover?

Legal Disclaimer

The Frost & Sullivan Story

Value Proposition—Future of Your Company & Career

Global Perspective

Industry Convergence

360º Research Perspective

Implementation Excellence

Our Blue Ocean Strategy

Related Research
Supply chain management across industries around the world has undergone a substantial overhaul. Globalization, the rapid growth in emerging economies, and the changing dynamics of business processes are driving the highly varying levels of demand from different regions across the globe. Multiple market factors are influencing supply chain systems, including the rising trend of e-Commerce growth, omni-channel marketing and sales, digital technologies, and real-time connectivity at economical rates. With rapid product proliferation due to shorter product lifecycles, shrinking time-to-market, and the intensifying competition, companies are under tremendous pressure to improve planning efficiencies and reduce supply chain costs. The early adoption of new technologies will help companies overcome challenges related to procurement, manufacturing, storage, and distribution functions and processes and help to improve system efficiency. For example, the emergence of disruptive technologies such as Big Data analytics, 3D printing, Internet of Things (IoT), robotics, and automation holds the potential to build capabilities and provide procurement functions with the ability to understand, analyze, and take data-driven strategic decisions based on total cost of ownership (TCO) impact and, at the same time, make day-to-day operational execution efficient and effective. Understanding customers’ needs and re-aligning according to real needs and expectations are important, and this provides a framework for critical areas that require improvement. Supply chain transformation must balance responsiveness and efficiency with a focus on an integrated view of end-to-end supply chain activities. Technology adoption and the need for end-to-end supply chain visibility have emerged as the focus areas of improvement. Based on new processes, systems, and technologies, key performance metrics must be developed and enforced. Strong leadership is important to create and enforce impetus for chan
More Information
No Index No
Podcast No
Author Jahnavi Gokulakrishnan
Industries Transportation and Logistics
WIP Number 9AB2-00-AD-00-00
Is Prebook No