Building the Next-Generation Supply Chain: Resilience, Speed, and Sustainability
1. Reshoring and Regional Supply Chains:
- More than 50% of manufacturing executives are prioritizing reshoring to safeguard against geopolitical risks and improve supply chain resilience.
- Local and regional supply chains offer better visibility, speed, and sustainability—ensuring faster response times and reduced environmental impact.
2. Speed to Market: The Customer is King:
- 49% of manufacturing executives report that customers expect faster delivery with the same product quality. Speed is now a key driver for success.
- Real-time tracking and responsiveness are no longer optional; customers expect them to be integrated into every supply chain process.
3. Sustainability is Non-Negotiable:
- Ethical and environmental responsibility are top of mind. Executives are investing in green practices and technologies to ensure clean, transparent, and efficient supply chains.
4. Digital Transformation and Data-Driven Decisions:
- Manufacturers are increasingly adopting digital tools and emerging technologies to drive supply chain improvements, with a focus on data and visibility.
- Investing in technology is critical to keeping pace with customer demands and driving operational efficiency.
- 54% of executives say regional or local supply networks are crucial for building resilience.
- 49% of manufacturers face challenges with real-time responsiveness to customer needs.
- 60% of executives report significant visibility into their external suppliers.
This article is posted at sap.com
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