GEP Procurement & Supply Chain Tech Trends Report 2024
We’ve researched the five biggest trends in the supply chain space this year, and, drawing on our expertise in procurement and supply chain, we’ll share our perspective and recommendations as well as explore best practices for applying those trends to gain the biggest advantage.
Procurement and supply chain leaders face a daunting challenge in getting products and services to their customers in an efficient and cost-effective way – a challenge made more complicated by an uncertain macroeconomic climate, extreme weather phenomena, geopolitical upheavals and other supply chain disruptions.
Leaders have attempted to harness the power of technology to navigate their organizations through these storms. Digital supply chain transformation and supply chain modernization have accelerated, and in general, the pace of technological progress has been swift, be it low-code/no-code development, artificial intelligence (AI) and machine learning (ML), or generative AI such as ChatGPT.
So, what technologies are leaders leveraging to achieve their aims of cost optimization, efficiency and resiliency? What’s next?
What is covered in the report:
- Artificial Intelligence (AI)
- Low Code/ No-Code Technology Software Development
- ERP Limitations
- Greater Resilience by Aligning Supply Chain and Procurement
- Data Driven Innovation
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