Industries across the world continue to fight against the Great Supply Chain Disruption. They’re trying their best to optimize execution, decrease risk, improve dexterity and find ways to gain a competitive advantage. However, in order to reach these goals, it’s going to be essential to overcome today’s labor challenges, prioritize customer centricity, streamline sourcing and inventory management, maximize the latest digital transformation capabilities, and much more. Making progress towards key trends is going to enable supply chains to dynamically shape a successful, sustainable future. Read on this blog by the national shipping company of Saudi Arabia to find out about workplace trends in supply chain management.
E-commerce is on the rise and it affects supply chains
The rise of e-commerce is maybe the most commonly understood force impacting today’s supply chains and trends happening in supply chain management. Warehouses are jam-packed all around the world. Also, some even have products piling up outside their doors. This demand squeeze represents the longest ongoing expansion peak in five years. E-commerce and omnichannel fulfillment are going to continue to shape the way organizations establish and identify key priorities, creating challenges concerning scale and network efficiency while producing new opportunities to attain competitive advantage.
Supply chain talent is in high demand
Supply chain talent is crucial to supporting ongoing solutions, frameworks, and industry advances. As such, people at all levels of the supply chain should expect to experience new ways of working. You should expect a convergence of training, plus better pay and benefits for existing employees; as well as hiring talent with foundational skills in data analytics. Organizations have to be creative when reskilling, attracting, and retaining talent, as traditional approaches may not be as relevant to trends in supply chain management.
Digital supply chains are no longer a thing of tomorrow
Digital supply chains are going to continue to be essential elements when it comes to workplace trends in supply chain management. These include visibility, resilience, and agility. Digitized networks use technology to augment data collection and workflow. This means that this trend has ramifications on both talent and data infrastructures. However, successfully digitizing supply chains requires large-scale sensor implementation via the internet of things; shared internal and external interfaces, such as cloud-based networks; and process automation and verification. The adoption of tools such as blockchain, artificial intelligence, and machine learning is going to meaningfully improve decision-making.
One of the most prominent workplace trends in supply chain management is cybersecurity
Cybersecurity is important for protecting networks from cyberattacks. These attacks continue to be a big threat to supply chains around the globe. The explosion of data and data-driven organizations is creating many more areas of vulnerability. This interconnectedness means supply chain partners can, by accident expose each other and their customers to privacy breaches, identity theft, and worse. All in all, you should expect greater collaboration when safeguarding people, devices, networks, and programs. In addition, more organizations will go for investment in redundancy, firewalls, advanced anti-hacking technologies, and employee training.
Advanced analytics and automation continues to gain popularity among organizations
Advanced analytics and automation will continue to go forward, helping organizations mitigate disruption using digital, agile supply chain management. The implementation of prescriptive and predictive analytics — as well as advances in big data, algorithms, and robotics — are going to have broad-reaching effects. Especially, the organizations that make use of the power of these solutions are going to benefit from data-driven decision-making, greater visibility, predictability, execution efficiency, and profitability. Of course, all of this depends on effective data security and governance, as well as a dedication to reskilling employees.
Customer-centricity has never been stronger
Another workplace trend in supply chain management is customer-centricity. It’s already on the minds of supply chain professionals everywhere, as consumer expectations continue to expand and people request ethical, sustainable business practices. Managing a successful supply chain will require an amazing talent with significant cross-functional and analytical skills so people have the training to support these new volumes of customer-centricity. Those supply chains and logistics companies in the Middle East that figure out new ways to meet today’s escalating and intense customer expectations at the lowest cost are going to prevail.
Gamification is an exciting workplace trend in supply management
Gamification is an exciting workplace trend in supply chain management. It boosts productivity between warehouse workers. It provides employees to have healthy competition with digital tools that can be merged into real warehouse processes. This technological trend can track employees’ speed, accuracy, and progress time all contributing towards improving work performance and skills. It also allows companies to reward workers with bragging rights through their fun and interactive tasks. This trend is quite effective and it can encourage employees to work harder and smarter.
Eco-friendly logistics best practices
We’ve seen eco-friendly communities and consumers looking for environmentally conscious companies that push the supply chain. The most important objective of optimizing green logistics for a cargo transport company is to make the warehouse eco-friendly. Making it eco-friendly reduces their carbon footprint on the earth. Because of the rise in demand, more and more companies are settling on switching their supply chain management into going green that can benefit the environment. Some of the vital factors of this trend would include consuming less energy such as gas, water, electricity, etc. This can directly benefit the environment. Electric vehicles or solar-powered vehicles are other factors that companies can consider. Also, companies that use climate-smart supply chains can benefit more through these resources which can help the company achieve profit and customer loyalty through these practices.
Supply chain management trends shaping today’s world
Supply chain trends are constantly improving as they are interconnected with market growth. Any kind of disruption can cause havoc in the management which can impact productivity and workflow. Focusing on these workplace trends in supply chain management can help you improve your overall performance at work. However, if you’re in need of a sea cargo Jeddah transportation, be sure to seek established logistics companies that can assist you with all sorts of transportation and readily accept and incorporates all the best practices and trends of tomorrow.
