The urgency among carriers, 3PLs, and shippers to innovate around connectivity, data, and visibility will reshape traditional industry processes.
Returns and reverse logistics are growing areas in the retail supply chain that present an opportunity for retailers to create an aftermarket for goods.
Effective collaboration and institutional learning are critical to developing supply chain resiliency and responsiveness to black swan events.
Connectivity, digitization, and end-to-end visibility are key steps to prepare for catastrophic supply chain disruptions, known as black swan events.
Retailers are now more concerned about the consistency in the customer experience, as consumers are demanding more than omnichannel and free shipping.
Retailers must reinvent themselves and find new ways to deliver new value and experiences to customers, and the supply chain is the best way of doing so.
New technology trends, trade policies, and consumer demands are increasing the pressure on companies to find new ways to deliver value to customers.
Squeezing suppliers on costs and payment terms creates instability in the supply chain and the healthy flow of the capital that keeps everything moving.
If companies really want to survive in an increasingly complex world, they need to begin the journey toward a completely digital supply chain.
Consumer products are sold in a market with little margin for error where standards of quality, safety, and convenience is all that matters to consumers.
Chemical companies are recognizing that point-to-point solutions are not delivering the visibility and flexibility needed to drive business growth.
Retailers who want to thrive will need to reinvent themselves and find new ways to deliver value to customers.
To ensure a supply chain operates smoothly, systems and processes need to be designed for flexibility and change.
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