As the business continues to evolve, so does the world of supply chain. These past few years have been monumental in shaping supply change management especially with the evolution of technology. Here are a few trends to watch out for in 2019.
Supply chain digitization
Digitalization is reshaping the resilience of supply chain operations as it leverages technology to enhance capabilities. High levels of digitization in supply chain can lead to increase revenue generation, great market value, increased transparency, and enhance the speed of data.
AI is the new buzz word for everything in business and supply chain is no exception. It has started to be implemented into supply operations to create ease of use and increase flexibility. This innovative technology is continuously transforming the industry and will continue to shape it moving forward.
Use of SaaS in the supply chain
Software-as-a-service is becoming mainstream as companies look to enhance their safety and security of services for their clients. A solid understanding of this new business model will benefit your future in supply chain management.
Looking to read up on some more trends in supply chain? Here is the full list of the top 10 trends happening now!