Technology is a risky business - inherently unpredictable.
Increasingly compressed lifecycles for many products is challenging in any market, allowing little room for error.
But the relentless pace of change in the tech sector makes emerging markets even more of an uncertain bet.
This new white paper, Path to Growth: Shaping Tech Sector Supply Chains in Emerging Markets makes it clear that a ‘regionalized global supply chain’ model is emerging as the new paradigm to meet global shifts in demand.
Regionalized supply chains, shortened product lifecycles and shifting demographics characterize the challenges and opportunities for the technology sector in emerging markets.
The white paper identifies three supply chain practices the sector must adopt to capitalize on the emerging markets growth opportunity.
According to the white paper, three significant items are affecting the technology sector’s supply chain operations:
Even as tech companies evaluate growth strategies in emerging markets, they do so recognizing that they are entering uncharted waters.
Combine varying levels of infrastructure and unpredictable demand growth with the pressures of the tech sector - including expectations for near-instant service, product innovation, competitive price and personalization - and you have the definition of uncertainty.
Capitalizing on growing demand for technology products in rapid-growth markets, therefore, requires a supply chain designed specifically to meet the challenges posed by this constellation of risks.