As organizations increasingly focus on supply chain management, chief supply chain officers (CSCOs) intend to seize their collective opportunity to invest in growth through new technology investments.
In a survey of 499 supply chain leaders conducted between October and December 2022, 65% of respondents said they expect it will be easier to provide New technology investments are funded and, on average, 73% of supply chain IT budgets will be allocated to growth and performance improvements this year.
“The uncertainty of the past three years has blurred the lines between business and technology strategy to the point where they must be Considered together, supply chain leaders must understand the strategic, disruptive and inevitable technologies that will impact their planning processes over the next five years." Jacobson noted that one of the supply chain leaders Three key motivations help categorize this year’s technology trends: pioneering new forms of engagement, optimizing resiliency, and enabling technology to deliver “anytime, anywhere” performance at scale. The main trends in supply chain technology in 2023 are: Actionable artificial intelligence########### #ActionableAI delivers better data-driven decisions by mimicking the way humans solve problems, by augmenting decisions and keeping humans in the loop for validation. Artificial intelligence can learn based on past decisions and experiences, form models that adapt to changing real-world environments, and achieve operability. Continuously retrain models and continuously learn in runtime and development environments based on new data to find solutions. ############INTELLIGENT OPERATIONS############Intelligent operations expands the existing smart manufacturing concept to cover all core operational capabilities, including manufacturing, services and logistics , covering warehousing, transportation and global trade. ############This involves the orchestration of different distributed processes and the underlying systems and data that support them. While manufacturing is leading the way in the pursuit of smart operations, logistics organizations are quickly embracing the idea’s potential to transform their businesses. ############Mobile Asset Optimization############ Through the comprehensive application of business process software, sensing technology and operations research technology, mobile asset optimization can maximize utilization Mobile assets for enterprises and improve business intelligence. ############ Inside the warehouse, the attention and investment that smart robots for intralogistics are receiving are having an impact. External transportation visibility platforms can enhance the partnership between shippers, carriers and logistics service providers by demonstrating carrier activities and capabilities. ############Industry Cloud Platform############Industry Cloud Platform combines Software as a Service (SaaS), Platform as a Service (PaaS) and Infrastructure as a Service ( IaaS) combined with specific functionality for vertical industry use cases. They are not predefined, one-off vertical SaaS solutions, but agile, composable platforms supported by a set of industry-specific packaged business capabilities. ############In fact, they turned the cloud platform into a business platform and expanded technological innovation tools into business innovation tools, creating added value beyond the traditional cloud approach. ############Employee Engagement############Broadly speaking, employee engagement is a tool and application used to help companies improve the performance of their frontline employees. Performance, satisfaction and retention. Work across mixed reality and mobile devices to enhance work and innovate with wearables for security and location management, collaboration tools, and more. It must be built on a broader workforce strategy that includes knowledge management, skills development and training. ############Composable Application Architecture############When designing composable business applications, core design principles should be followed: modularity, autonomy, Orchestrate and discover, and optimize for specific business use cases. These packaged business functions are software components that define clear business functions that end users can identify and use. ############Cyber Resilient Supply Chain############As supply chains adopt more advanced technologies, they add more collaborations in the digital supply chain Partners, suppliers and service providers. Whenever a digital enterprise adds an external entity, it increases digital connectivity and introduces cybersecurity vulnerabilities and risks. ############Cybersecurity represents the tools, processes, and governance approaches (mechanisms) needed to mitigate cybersecurity risks caused by the extreme heterogeneity of supply chain technologies and ecosystem actors. ############Supply Chain Integration Services############ Supply chain integration services include technology platforms, integration teams, and strategic decisions on when and how to connect applications ( Different integration strategies), and the cloud services that manage these integrations. ############ Supply Chain Integration Services elevate the role of integration from a tactical, execution-focused and technical view of systems interoperability to a strategic-led view of a more interconnected world . ###The above is the detailed content of Supply chain technology trends in 2023. 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