Because it’s no fun pondering the obvious, I focused my supply chain predictions for 2017 on insights from experts provoked with the statement: “Tell me something I don’t already know.” So with that spirit in mind, here are my top five supply chain and procurement predictions for 2017:
The Supply Chain Will Go Bimodal
How do organizations maintain processes and strategies that effectively manage the demands of today’s supply chain, while simultaneously innovating, via the integration of disruptive technologies? Say hello to the bimodal supply chain. We’ve entered an era where traditional ideas surrounding balance may soon be discarded as suboptimal.
“There was a time when supply chains could settle for trade-offs … cost or speed, service or quality, flexibility or reliability. “Those days are long gone,” predicted Paul Keel, senior vice president, 3M Supply Chain. “The equation has shifted from an imbalanced ‘or’ to an equilibrium centered on ‘and.’”
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