{"id":6026,"date":"2019-01-21T15:49:22","date_gmt":"2019-01-21T14:49:22","guid":{"rendered":"https:\/\/www.tradecloud1.com\/?p=6026"},"modified":"2019-07-14T22:40:32","modified_gmt":"2019-07-14T20:40:32","slug":"whats-ahead-for-supply-chain-executives-in-2019","status":"publish","type":"post","link":"https:\/\/tradecloud.hdnk.nl\/en\/whats-ahead-for-supply-chain-executives-in-2019\/","title":{"rendered":"What\u2019s Ahead For Supply Chain Executives In 2019?"},"content":{"rendered":"

When it comes to global trade, Brexit isn\u2019t the only apple cart being upended at moment. Domestic and international politics, rising oil prices, and global tensions are creating a volatile and highly unpredictable trade environment globally.\u00a0What\u2019s Ahead For Supply Chain Executives In 2019?<\/p>\n

Climate Change will drive innovation<\/strong>, as today\u2019s customer is looking to do business with ethical companies that can prove the sustainability of their operational processes and practices. Data from\u00a0Nielsen<\/a>, in fact, finds that 66% of global customers are willing to pay more for sustainable goods. So sustainable supply chain processes are good not only for the environment\u00a0but also for customer satisfaction and \u2013 in many cases \u2013 for cost reduction as well.<\/p>\n

BRICS countries become more strategic\u00a0<\/strong>as they continue to have GDP growth rates of 6% and higher. Overall, trade from and to these countries will increase \u2013 with major corporations expanding or building manufacturing and logistics hubs in all these countries.<\/p>\n

On-Line Retailing will continue to gain market share<\/strong>\u00a0as giants like Amazon and Alibaba continue to flex their ecommerce muscles. Amazon owns almost 50% of the ecommerce market in the US while Alibaba sets new records \u2013 like sales of 30.8 billion in one day last year.<\/p>\n

Supply Chains will be revenue generators\u00a0<\/strong>as they become the catalyst for new business process such as 2-hour deliveries, \u201cx-as-a-service\u201d models, individualized offerings to the \u201csegment of one\u201d and more.<\/p>\n

Chief supply chain officer (CSCO\u2019s) become more strategic\u00a0<\/strong>as they can deliver greater value to companies seeking to move in such directions. As supply chain management and execution becomes a differentiator for companies, look for the CSCO \u2013 historically a back-office role \u2013 to come out of the shadows.<\/p>\n

Internet of Things (IoT), machine learning, and predictive analytics will be at the forefront<\/strong>\u00a0to run real-time intelligent supply chains.<\/p>\n

Blockchain projects will move from proofs of concept to proofs of value\u00a0<\/strong>and supply chain processes are a natural area to start, with uses cases such as track and trace, minimizing counterfeiting, ethical sourcing and cross boarder and company ownership as key candidates.<\/p>\n

3D Printing in warehouses and manufacturing will grow\u00a0<\/strong>as consumers look for individualized products and manufacturers look to reduce costs and be more responsive by manufacturing or finishing products closer to the demand.<\/p>\n

Robotics process automation (RPA) will increase. \u00a0<\/strong>The key is to realize what can be automated and what requires human intervention, with the goal of augmenting humans with AI and robotics, not replace them. As I was once told, \u201cAI doesn’t take the person out of the process. It takes the robot out of the person.”<\/p>\n","protected":false},"excerpt":{"rendered":"

When it comes to global trade, Brexit isn\u2019t the only apple cart being upended at moment. Domestic and international politics, rising oil prices, and global tensions are creating a volatile and highly unpredictable trade environment globally.\u00a0What\u2019s Ahead For Supply Chain Executives In 2019? Climate Change will drive innovation, as today\u2019s customer is looking to do […]<\/p>\n","protected":false},"author":7,"featured_media":8333,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[91],"tags":[108],"class_list":["post-6026","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-trends","tag-scm"],"jetpack_featured_media_url":"https:\/\/tradecloud.hdnk.nl\/wp-content\/uploads\/2019\/01\/supply-chain-trends-2019.png","_links":{"self":[{"href":"https:\/\/tradecloud.hdnk.nl\/en\/wp-json\/wp\/v2\/posts\/6026","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tradecloud.hdnk.nl\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tradecloud.hdnk.nl\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tradecloud.hdnk.nl\/en\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/tradecloud.hdnk.nl\/en\/wp-json\/wp\/v2\/comments?post=6026"}],"version-history":[{"count":2,"href":"https:\/\/tradecloud.hdnk.nl\/en\/wp-json\/wp\/v2\/posts\/6026\/revisions"}],"predecessor-version":[{"id":8236,"href":"https:\/\/tradecloud.hdnk.nl\/en\/wp-json\/wp\/v2\/posts\/6026\/revisions\/8236"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tradecloud.hdnk.nl\/en\/wp-json\/wp\/v2\/media\/8333"}],"wp:attachment":[{"href":"https:\/\/tradecloud.hdnk.nl\/en\/wp-json\/wp\/v2\/media?parent=6026"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tradecloud.hdnk.nl\/en\/wp-json\/wp\/v2\/categories?post=6026"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tradecloud.hdnk.nl\/en\/wp-json\/wp\/v2\/tags?post=6026"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}