From client demands and material availability to workforces and digital capabilities, the pandemic threw global supply chains into disarray. The supply chains became more integrated over the past two years. One goal of greater integration is to focus and coordinate the appropriate resources of each member on the supply chain’s demands in order to improve the chain’s overall performance.
While the pandemic has pushed logistics automation, lowering their vulnerability to future threats, some of the most important lessons for the future focus on innovative management thinking.
Even though disruptions continue, supply chain sector is recovering slowly. According to a Wall Street Journal survey, about 45% of economists believe that there will be improvement but only by the second half of 2022.
According to Grand View Research, Inc. the global supply chain analytics market size is expected to reach USD 22.46 billion by 2030, registering a CAGR of 17.6% from 2022 to 2030.
The objectives of supply chain have altered in the past two years. One objective of an innovative supply chain is to keep up with changing company and customer demands. A fundamental adjustment in thinking is required in a new situation.
The supply chain leaders have realized the need for incorporating risk management and resilience into all levels of decision-making. This might be its legacy to the supply chain leaders, preparing it not only for future supply chain disruptions, but also for a wide spectrum of other high-impact, low-probability occurrences.
This interactive online programme will assist you in revolutionising your operations by providing you with the most up-to-date tools, strategies, and models for efficient — and effective — supply chain. The bootcamp will demonstrate how to deal with the complicated issues of managing facilities, inventory, transportation, information, outsourcing, strategic partnerships, and other aspects.