FutureScape: Crafting Tomorrow’s Supply Chain Today
How Successful Companies Will Craft Plans to Thrive in Volatile, Complex & Turbulent Times
Insights from 33 Trusted Advisors
The current economic environment is characterized by VUCA (volatility, uncertainty, complexity, and ambiguity). Inflation has surged by 20% in the last three years, with some raw materials doubling or tripling in price. Customer demand has been uncertain and volatile. High-skilled talent is scarce, leaving executives frustrated with paying premium wages for average talent. Geopolitical risks and cybersecurity threats are at an all-time high, prompting companies to reassess their strategies to navigate these complexities.
Thriving in the future requires more than just navigating the current business environment. Companies that focus on dramatic strategic shifts will position themselves as disruptors rather than the disrupted. They will craft tomorrow’s supply chain today. Fast-forward five years, and the companies thriving amidst turbulence will have focused on the basics: defining their future value proposition and crafting tomorrow’s supply chain today.
To achieve this, they will prioritize talent, upgrade business processes, leverage advanced technologies and reconfigure their supply chains. To learn more, read our special report.
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