Make 2023 The Year of Building Supply Chain Data Foundation
Meet the Experts
Key Takeaways
⇨ Supply chain trends that will shape supply chain strategy in 2023 are not significantly different from 2022 and will not be significantly different in 2024.
⇨ The key to gain from learning about these trends is to understand how you can build supply chains that can address challenges associated with these trends effectively.
⇨ At the core of any capability you build to address these challenges, will be data and analytics. Hence, focus on building foundation in these areas.
As we head into the new year, you have already read many articles predicting supply chain trends for 2023. I am not a big fan of predicting trends when it comes to supply chains. My primary reasoning is that these trends are not a surprise for seasoned supply chain leaders and executives. These leaders and executives experience the challenges associated with these trends on a day-to-day basis in their roles. This article, therefore, aims to look beyond the trends to understand how we can use this year to build foundation in an area that can help build supply chains that can address challenges associated with these trends: Effective supply chain data management.
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