Taking Actions For A Transformative Supply Chain Future

The adoption of Sustainable Development Goals (SDGs) and the Paris Agreement in 2015 marks a step towards a decarbonized society1. With businesses starting to realize the risks that climate change poses, many within the field of supply chain management are taking action and are investing in emerging technology that promotes sustainability.

Key investments in Big Data (data analytics and data management), artificial intelligence (machine learning and RPA), and IoT (Internet of Things) are the emerging technologies that chief supply chain officers (CSCO) and chief procurement officers (CPO) are emphasizing within their organization. This tracks with the movement towards an efficient, cost-effective, and sustainable supply chain future.

Discover other investment priorities and emerging technologies that CSCOs and CPOs are capitalizing as part of their transformation towards sustainable supply chain in our Trend Report - Taking Actions Towards A Transformative Supply Chain Future. Read up on our special feature on must-know future trends in the supply chain, and prepare your organization for 2020.

Here are the report key takeaways:

  • Big Data Analytics

For many supply chain and procurement officers, utilizing big data analytics will be pivotal in understanding market trends and to make sound business decisions.
  • Big Data Management

Managing the data effectively, in tandem with data analytics technology, will be important in improving the overall performance of the supply chain management.
  • Internet of Things (IoT)

Creating a connected platform that allows for access to real-time data and improved end-to-end supply chain performance is some of the major push for IoT in supply chain management.
  • Robotic Process Automation (RPA)

Automating repetitious tasks and reducing processing errors are some of the key integrations that supply chain and procurement officers are focusing on.   1CDP Supply Chain Report: Driving ambitious action through supply chain engagement

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