The Future of Supply Chain

[Music] the supply chain is drastically tailored with the increase in technology the access to data and making that available across your end-to-end network what it might look like in five years time is very different from today products workforce industrial assets will be connected collaborative robots will support the operator to work in a better and a safer way it's gonna be enabled through technology through ecosystems through people and capabilities that only we can dream of at the moment the changes that we are seeing in the market are quite dramatic and if organizations aren't looking for where disruption has come they're gonna be disrupted themselves I think historically supply chain was relegated to being a back-office support function I think as we move forward it's not just about having a great product or service it's about delivering a great customer experience customers want choice they want personalization they want what they want where they want it when they want it and all those have implications on the supply chains one of the key barriers to modernizing the supply chain is just understanding the digital technology landscape out there whether that be lock chain or robotics or AI but one of the biggest challenges our clients face is sorting through that noise not asking which technology will be implemented but which set of skills and competencies the supply chain will need to allow this vision of the future there is a huge amount of upscaling knowledge transfer different skills that are going to be required for supply chain professionals of the next five to ten years an organization with a successful supply chain is well connected to its customers and using internal and external information to flow that through end to end so it can be very proactive in the way that it manages that to meet those customer needs the future supply chain will not be able to deliver all the competences in capabilities itself it will need to tap into an ecosystem of cloud providers different technologies understand work and leverage those skills work and supplement what their core capabilities are they're able to operate with all of their partners as one virtual organization with shared information shared process shared decision support those are the companies that are going to win you [Music] you

Channel: KPMG US

Views: 28,378

Rating: 4.9142857 out of 5

Keywords: Supply Chain, Future Ready, Platforms, supplier centric, target operating models, KPMG, logistics, micro supply chain, operations

Id: wwjzxHI92Eg

Length: 2min 59sec (179 seconds)

Published: Thu Aug 22 2019