*This content is sponsored by Edgeverve*
Supply chains worldwide continue to grapple with economic uncertainties, geopolitical tensions, and unpredictable demand shifts. For organizations to succeed, each element in the value network—from suppliers and channel partners to warehouse or logistics providers—must work in harmony. Companies need to have visibility of what is happening across the value chain, be able to collaborate, exchange data and orchestrate supply chain processes with partner ecosystem seamlessly in near real-time.
However, achieving this is challenging; only 21% of organizations have complete supply chain visibility, and acknowledge their network collaboration as a work in progress.
A connected, cognitive, and responsive supply chain network is critical for enterprises to swiftly access alternative suppliers, distribution channels, or fulfillment partners, adapting to rapidly changing market dynamics.
Key takeaways:
- Key supply chain trends and predictions for 2024
- Key challenges organizations face in connecting and collaborating with partner ecosystem and gaining visibility
- Strategies leveraged by leading brands in addressing these challenges
- Role of Gen AI & Other technologies
- How a connected, collaborative, and responsive supply chain network help you overcome supply chain shocks
