Leading B2B Supply Chain Trends

[dot_recommends] March 21, 2022 Manufacturing Trends

Supply Chain Professionals Predict the Top 12 Trends for the Next Three Years

leading B2B supply chain trends as reported in the APQC 2022 survey of global supply chain profresisonals

Wondering what leading B2B supply chain trends will be over the next few years? Overall, global supply chain professionals expect more impacts on supply chains by 2025.

Top 12 most impactful supply chain trends

  • 1. Big data and analytics
  • 2. Digitalization of the supply chain
  • 3. Process standardization
  • 4. Global COVID-19 pandemic
  • 5. Mobile technologies
  • 6. Cloud services
  • 7. Global trade/tariff uncertainties
  • 8. Artificial Intelligence/ cognitive computing
  • 9. Sustainability/ ESG factors
  • 10. Robotic process automation
  • 11. Working from home
  • 12. Blockchain

See the image above for details on how great of an impact professionals anticipate for each of these trends.

Big data, digitalization, and process standardization will have major impacts on supply chains.

Supply chain professionals see big data and digitalization as more impactful now than in 2021. Process standardization rounds out the top three trends.

The reason for the emphasis on data? Supply chain operations involve more and more data. The amount of data now exceeds the capabilities of human processes.

Also, the pandemic response prompted more companies to take action on digitalization for the first time.

The Triangle of Big Data, Digitalization, & Process Standardization

  • Faster data analysis—real time when possible—empowers responsive supply chain pivots. For many companies, the availability of data insights may make the difference between failure and success.
  • Likewise, digitalization provides data for intelligent analysis. Digitalization also relies on data for optimal functioning and integrated communications. Combined, these trends will enable companies to adjust supply chains on the go.
  • Both big data and digitalization rely on and inform process standardization. Without a foundation in standardized processes, neither big data nor digitalization work well.

Therefore, we anticipate more companies will build a triangle of capabilities in big data, digitalization, and process standardization in the next few years. Where does your company fit on the data and digitalization continuum?

Global supply chain professionals predict top trends

This data, fresh from 2022 shows what’s on the minds of supply chain professionals right now! These top 12 trends come from the eighth annual APQC survey of global supply chain professionals.

The survey looks at supply chain management priorities, challenges, performance, and trends. Representatives from 24 industries responded, most of them in the B2B sector, and 10.3% in industrial products manufacturing.

How do the survey results compare to what you think about leading B2B supply chain trends?

Connect with us on LinkedIn or Tweet us. Or get in touch through our website.

—parin

Managing Partner

 

Image source: Statista

 

 

Stay in-tune with the latest trends and best practices

    let's talk Let’s Talk