2022 marks the year of economic recovery where manufacturers look to outpace all the uncertainty and supply chain constraints.
According to Forbes contributor Richard Howells, these four trends will shape the future of global supply chains throughout 2022:
– Resilience – supply chain risks will continue to flare up, and companies need to adopt agile sourcing strategies while increasing visibility with suppliers and logistic service providers.
– Sustainability – several companies looking to enhance their competitive advantage have prioritized ESG initiatives in 2022.
– Visibility – there’s a major focus on improving visibility to collect, consolidate, and consume data and insights in real-time from across the supply chain.
– Technology – from 5G and enhanced AI solutions to predictive analysis and machine learning, industry 4.0 is already underway, and the impact will be greatly felt.
How is your organization driving resilient and sustainable supply chains in 2022?
