A recent report from UT has pinpointed ten game-changing supply chain trends that can help companies improve their operations.
The university’s Global Supply Chain Institute researched the topic and identified and tracked the trends. UT supply chain management faculty surveyed 163 supply chain professionals from 132 global companies to develop the list. As defined by the survey, a game-changing trend is one that greatly impacts a firm’s shareholder value and can be extremely difficult to implement successfully.
“This research confirmed that world-class companies need to revisit these trends on a regular basis to stay abreast in today’s dynamic and rapidly changing environment,” said Paul Dittmann, executive director of UT’s Global Supply Chain Institute. “Companies also must be open to considering new challenges, such as the application of business analytics to big data and cloud-based applications.”