January 1st not only the start of a new year, but a new decade. It’s the decade we’ve decided to call the “Decade of Supply Chain”, because we truly feel that the next ten years will see supply chain take its rightful place at the heart of business organizations and at the heart of discussions about business optimization world wide.
But in order for that to happen, supply chain needs much more visibility than it currently has. In order for that visibility to happen, organizations need data. In most cases, supply chain managers are weighed down by outmoded manual processes and siloed, inefficient tools.
The irony of supply chain is that supply chain digitization is something that everyone talks about, but few B2B organizations have really achieved.
There are understandable challenges that supply chain managers face to adopting new systems, but unfortunately the clock is ticking. More and more enterprises are overcoming barriers and are moving on digitization projects. The pressure is on to make it happen or risk being outmaneuvered by competitors.
It’s no secret that B to C organizations are the leaders in supply chain innovation, and B2B is playing catch up. Here are the supply chain trends that we see shaping the conversation, and the actual evolution, of B2B in 2020.