Unlike conventional software, which becomes outdated as time passes, newer AI-driven machine-learning systems become increasingly sophisticated with age.

A shift to shorter supply chains not only helps manage the unpredictability of costs, but also strengthens supply chain resilience by reducing dependency on distant suppliers.

Inventory distortion isn't just a problem for supply chain teams; it results in missed sales, dissatisfied customers, excess wastage and capital tied up in stocks.

The manufacturing industry is facing a significant workforce challenge. Many older, more experienced workers are retiring, and not enough young people are coming in to replace them. 

The rise of digitization is making warehouse processes more efficient, by automating tasks and giving employees time to focus on more complex duties.

Everyone in business has myriad challenges vying for attention, and an ingrained aversion to the risks of being a “first mover.” 

Building structural resilience, and putting the right solution in place to suit your unique brand now will ensure that firms can emerge from a volatile economy and recession stronger. 

Rising geopolitical tensions, climate change and global commerce disruptions are making the jobs of chief procurement officers harder than ever.

The chemicals industry, which contributes trillions of dollars to the global economy every year, is undergoing a significant transformation due to recent social and political trends.

Gartner predicts that by 2028, 70% of companies will adopt regionally diversified supply chain models to improve network resiliency in the face of ongoing global disruptions.