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The Modern Supply Chain: Technology Investments and Adoption

As companies strain to keep pace with unprecedented demands, their supply chains are being pushed to the limit. Strategic implementation and utilization of emerging technologies can be the competitive advantage companies are looking to supercharge their supply chains. How are global enterprises implementing the latest technologies into their supply chain?

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The Modern Supply Chain: Technology Investments and Adoption

  1. 1. Reporting Real-time Alerts and Updates Supplier System Integration Big Data Analytics Logistics Collaborative Platforms Automated or Semi- Automated Workflow Risk Management Cloud Applications and Infrastructure Orchestration 01 06 02 07 03 08 04 09 05 10 What business outcomes are these technologies driving? Top 10 Technologies Optimizing Today’s Supply Chains The technologies most important to the factory of the future: In the last five years, companies have made progress with supply chain technology: Ongoing Cost Reduction Improved Internal and External Collaboration Flexibility to Respond to Demand Changes Increased Visibility and Transparency Lowered Supply Chain Risk Improved Customer Experiences Decreased Time- to-Market for New Product Technology Adoption in Supply Chains New Technologies Expected to Grow Dramatically Challenges Prompting New Technology Adoption Increased Manufacturing Automation Robotics Additive Manufacturing Big Data Analytics Industrial Internet of Things Advanced Materials Technology Machine Learning and Artificial Intelligence Rapid Prototyping Modular Assembly Augmented/Virtual Reality 30% 47% 29% 85% Don’t Feel Prepared for Extreme Disruptions Don’t have real-time updates for more than half of their supply chain With real-time data say it’s too slow to respond quickly Have challenges hiring and training people for modern technologies 11% 59% 28% 2% Dramatic Improvement: Our Supply Chain has been Reinvented Significant Improvement: We’ve Changed Key Things, But Kept a Lot Also Incremental Improvement: A Few Changes, But Mostly the Same No Change 15% Don’t Have Any Budget Set Aside for New Technology 2018 All Rights Reserved. Job Level Number of Product Lines Number of Locations Number of Suppliers Annual Revenue Survey Demographics 1 3 4 5 2 3% Consultant 44% Team Manager 16% Executive 37% Individual Contributor 22% More than 50 9% More than 10,000 20% 21-50 26% 1,000-10,000 28% Less than 10 19% Under 100 30% 11-20 46% 100-1,000 25% 29% 22% 12% 12% 44% 11-50 18% 51-250 16% Less than 10 22% More than 250 $250-$500 million $500 million-$1 billion $1-$5 billion $5-$10 billion More than $10 billion What Technologies are Affecting the MODERN SUPPLY CHAIN? As companies strain to keep pace with unprecedented demands, their supply chains are being pushed to the limit. Strategic implementation and utilization of emerging technologies can be the competitive advantage companies are looking to supercharge their supply chains. How are companies implementing the latest technologies into their supply chain? Content based on Jabil’s Supply Chain Trends Survey.

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