Top trends in supply chain in the year 2008

Filed in archive Market Overview on January 17, 2008

Manufacturing Insights, a research company of IDC, recently published a report containing top 10 trends in SCM for the year 2008:

1- Large manufacturing firms will move toward a globally integrated business model.
2- IT organizations will accelerate spending on collaborative decision environments and incubate multi-enterprise business networks.
3- Globally integrated business models will dictate that supply chain organizations reinforce the fundamentals.

4- Product lifecycle management will become an enterprise strategy.
5- Product management software investments will be geared to integrating processes, not automating tasks.
6- For RFID, forget technology; vendors must demonstrate business value now.
7- For environmental compliance and corporate responsibility, your supplier's problems will become your problems.
8- Manufacturing firms will tackle the challenges of aging/emerging workforces with investment in organic knowledge management.
9- Machine-to-machine technology will emerge as a key enabler to enhanced service delivery.
10- IT spending in the supply chain area will focus on fulfillment execution.

The above mentioned trends are based on the result of a series of interviews which was conducted with industry experts.