{"id":2149,"date":"2019-11-15T15:47:00","date_gmt":"2019-11-15T15:47:00","guid":{"rendered":"http:\/\/www.ceo-worldwide.com\/blog\/?p=2149"},"modified":"2025-06-24T05:12:48","modified_gmt":"2025-06-24T05:12:48","slug":"emerging-trends-in-supply-chain-management","status":"publish","type":"post","link":"https:\/\/www.ceo-worldwide.com\/blog\/emerging-trends-in-supply-chain-management\/","title":{"rendered":"Emerging trends in Supply Chain Management"},"content":{"rendered":"
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\u201cPerseverance is not a long race; it is many short races one after the other.\u201d <\/em> – Walter Elliot<\/em><\/p>\n\n\n\n

This prominent Scottish politician\nsaw the important distinction between tactics and strategy.<\/p>\n\n\n\n

Logistics involves successfully\npiecing together any number of moving parts into one working supply chain.\nAlthough it may look like one long process, supply chain managers need the\npatience to think in terms of both the end-to-end system and its constituent\nparts.<\/p>\n\n\n\n

Emerging trends in supply chain management<\/a> has been largely driven by the incessant growth in businesses, by the reliance of one business on another and by the demands that are far flung across geographies, deep into the hinterlands and traversing many barriers, in the backdrop of a globalised business complexities and more holistic move to \u201ce-commerce\u201d.<\/p>\n\n\n\n

This driving force gets further amplified by the need to \u201cDeliver upon promises made to customers\u201d which requires real time data for managing complexities such as digital solutions to map vendor performance and business intelligence to better understand customer behaviour.<\/p>\n\n\n\n

Leverage the resources and capabilities of supply chain partners<\/h2>\n\n\n\n

Hence for a logistics professional in real time digital environment it\u2019s important to run \u201cwhat if\u201d scenarios and dig into any areas that gives a pause for thought in terms of advance planning, which will help leverage the resources and capabilities of supply chain partners to create superior value and competitive advantage in the market place.<\/p>\n\n\n\n

The evolving trends in global\nsourcing practices, multichannel routes to market and relationship-based\ninnovation are transforming the business landscape along with performance\nimprovements which has led to a high resolution of brand visibility, enhanced\nsales and profits and further the cause of innovative processes, setting of\nhigher benchmarks in terms if best practices and relationship building amongst\nthe stakeholders.  <\/p>\n\n\n\n

Integrating operations, management\nof materials and products, information and capitals into a well formatted\nsupply chain is the new paradigm in organising business lines. Hence supply\nchain the mantel of \u201cBackbone\u201d \u2013 a valuable component of all business planning.<\/p>\n\n\n\n

The current scenario:<\/strong> The supply chain and logistic sectors are being transformed by several innovative solutions such as IOT (Internet of things), Big Data, Artificial Intelligence, 3D Printing, Robotics and Automation, Digital Logistics Marketplace, Blockchains, On demand technologies, Crowd shipping etc.<\/p>\n\n\n

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\"supply<\/figure>\n<\/div>\n\n\n

Factors guiding the new trends in supply chain design and performance:<\/h2>\n\n\n\n