Supply Chain Trends this Year and Beyond!

Like other sectors, the global supply chain industry has evolved rapidly. The preceding pandemic, coupled with breakneck technologies, has brought unignorable changes in Supply Chain trends.

New and existing geopolitical conflicts, climatic changes, inflation, recession, and other unforeseen issues affect access to goods and how goods reach their final destinations.

There’s a need for the introduction of modern strategies to manage and build resilience in supply chain functions. Below are emerging Supply Chain trends poised to disrupt the environment this year and beyond.

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Will Supply Chain Improve in the Near Future?

We’ve been through a lot these past few years. After thinking we had operations under control with just-in-time supply chains, leaning out our processes and modernizing our IT systems, we got hit with geo-political tariffs, then shut-downs due to the Covid pandemic, shortages and backlogs, a fast shift to online commerce, omni-channel selling, and remote working just to survive.

Some industries were pummeled, and others never had it so good.

So, what have we learned from all of this, and what is our prognosis? Will Supply Chain improve? We’re still left with a mixed bag of options. Let’s look at where we are.

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