The pandemic brought supply chain management into the global consciousness in a way it’s never been before. Welcome to 2023.

Advances in data science, artificial intelligence (AI), the internet of things (IoT), 5G networks and more are being used to turn challenges into opportunities.

In 2022 alone, companies announced more than $73 billion in planned projects — more than three times the previous record, set in 2021.

Companies must incorporate supply chains into their strategies not only as an opportunity to cut costs, but also as a competitive differentiator.

The unpredictability of consumer demand amid the pandemic, coupled with shipping disruptions, have made it difficult for companies including Under Armour to get their stocking levels right.

The key challenge for brands is figuring out how to reorganize supply chains to suit a sleeper hit.

Manufacturers at the start of their modernization journey have the most to gain from upgrades to their data management and automation processes.

China is expressing concern as Apple diversifies its supply chain away from production there.

A retail consolidation program benefits both the supplier and the retailer, while making a significant difference in carbon footprint.

It’s highly likely that warehouses will more actively embrace automation technologies in 2023 to manage tight labor markets, increase inventory capacity and expand visibility into their supply chain operations.