You’re Writing a Book about How to Manage Supply Chains in 2025. What’s the Longest Chapter?
THE BOTTOM LINE OF SUSTAINABILITY. Before long, sustainability will be just as critical as pricing to our partners. We’re teetering on that tipping point now. But we need to internalize that sustainability isn’t illusory—it’s measurable, actionable, and a close cousin to eciency—i.e., it has power over your bottom line. –Glenn Riggs Chief Strategy Ocer Odyssey Logistics PRESERVING THE HUMAN ELEMENT IN AN AUTOMATED SUPPLY CHAIN. Despite the increasing use of automation in the automotive supply chain, the human touch is significant in a service- focused industry. Regardless of how technologically advanced the process becomes, personal relationships hold immense value that benefits the end user experience. –Mike Trudeau Executive Vice President, Business Development, Montway Auto Transport BREAKING THE BRITTLE. Learning lessons to identify hollow supply chains and blind spots in critical component supply. Taking the lessons of the greatest disruption of the past 70 years to apply to steady state operations to better identify and manage risks to build resiliency. –Joe Adamski Senior Director, ProcureAbility NAVIGATING THE DIGITAL LABYRINTH. The chapter would emphasize the merging of technology
Welcoming Our New AI Overlords: Harnessing AI for Good 2 This chapter delves into how to eectively integrate artificial intelligence into supply chain management. AI systems will be suciently advanced by this point to intelligently make supply chain decisions, and humans will need a guide for how to oversee and steer them. –Tony Pelli Practice Director, Security and Resilience, BSI
NEAR AND ONSHORE MANUFACTURING RESURGES. With wars and trade disruption, we’re seeing a decline in global manufacturing. This makes near and onshore manufacturing economically favorable, which is great for our planet and sustainable commerce startups. Cities, universities, and startups are reclaiming manufacturing for the United States through collaborative multi-sector approaches built around advanced sustainable manufacturing. –Al Sambar General Partner, XRC Ventures HYPE TO REALITY: THE REAL IMPACT OF AI IN SUPPLY CHAIN. The chapter would focus on the tangible changes that AI brings to analytics and decision-making, while addressing the hype of AI being the magical solution to all problems. –Mingshu Bates Chief Analytics Ocer, AFS Logistics
integration, businesses can thrive despite uncertainties.
–George Maksimenko CEO, Adexin
HONEY, I SHRUNK THE EOQS! Anticipate a decline in the economic order quantity (EOQ) for many SKUs in 2024. This shift will be driven both by evolving demand patterns and a proliferation of retail channels by which inventory is allocated (resulting in lower expected demand for any given stock- keeping location) and high carrying costs from stubbornly high interest rates. While we expect some relief on interest rates at some point, demand and inventory planning aren’t going to get any easier. The winners will be those that build flexibility and agility into their supply chains and transportation strategies.
–Chris Pickett COO, Flock Freight
with tangible processes, crucial for orchestrating the advanced,
interconnected supply chains of 2025. This is vital due to its complexity and impact on future supply chain resilience and eciency. –Spencer Steliga Founder and CEO, shuddl ADAPTIVE RESILIENCE: NAVIGATING GLOBAL DISRUPTIONS. The chapter explores strategies to address unforeseen challenges in the evolving supply chain landscape. With a proactive approach to risk management and technological
Have a great answer to a good question? Be sure to participate next month. We want to know: Have companies made progress toward supply chain resiliency since the pandemic? How? If not, what do they still need to do? We’ll publish some answers. Tell us at email@example.com or tweet us @ILMAGAZINE #ILGOODQUESTION
14 Inbound Logistics • January 2024
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