Some 92% of respondents admitted their supply chains are not fully ready to support service-oriented business models or offer sustainable solutions to their customers. Photograph:: Tom HonanSome 46 per cent of business leaders believe there will be an increase in supply chain disruptions until 2030, according to a study by PwC. Just 8 per cent of industry leaders have fully revamped their supply chains to meet these disruptive trends.
Some 92 per cent of respondents admitted their supply chains were not fully ready to support service-oriented business models or offer sustainable solutions to their customers, with only 4 per cent of respondents having fully adapted their supply chains in light of new technologies on the market. The study highlighted the need for businesses to rethink their supply chain and introduce plans such as increasing transparency, integrating AI and robotics and collaborating with stakeholders to resolve issues quickly.
Áine Brassill, supply chain and operations transformation partner at PwC, said: “Legislators globally are tightening regulatory requirements while consumers are increasingly expecting companies to push their environmental and social efforts”.
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Source: IrishTimes - 🏆 3. / 98 Read more »