Supply chains are a top driver of client demand in 2021

New analysis from ALM Intelligence Pacesetter Research shows that problems accumulated over the years with supply chain management and organization suddenly reached critical mass due to COVID-19,  making supply chains an emergency priority for clients. This emergency prioritization means that along with M&A and restructuring, supply chains are a top driver of client demand in 2021. However, many providers and clients have been distracted by advanced new technologies in their search for remedies.

Market Leaders and Pacesetters differentiate themselves by positioning some element of change management as the spear point in their offering, ensuring the collaborative inter-connectivity of human, machine, and process in supply chains. This collaborative inter-connectivity has translated into heightened attention in some providers’ offerings to designing optimized human-vs-digital labor models, including a strong emphasis on training and upskilling.

With continued global political and economic volatility, the emphasis on supply chain projects has shifted from horizon scanning to developing flexible, agile, regionalized networks able to respond to sudden supply shifts quickly. Like M&A and restructuring, supply chains have been elevated in client organization importance to the board level, which translates into very different types of engagement for providers. An important recent development has been that COVID-19, in particular, has hastened the adoption of demand-driven supply chain frameworks, which seek to design inter-connected supply chains which are better able to react to shifting market demand more nimbly.

Source: https://www.law.com/legalnewswire/news.php?id=2891135