We are bringing you news and highlights from the Gartner Supply Chain Symposium/Xpo, taking place this week in Barcelona, Spain. Below is a collection of the key announcements and insights coming out of the conference.
Key Announcements
Gartner Opening Keynote: Turning Divergence into Advantage
Key Takeaways
- “75% of CEOs perceive supply chain as their biggest risk, but also view supply chain as their top strategy for delivering resilience.”
- “Despite supply chain data visibility being prioritized as a top capability, it is the lowest funded supply chain technology initiative; this needs to change.”
- “While 88% of supply chain leaders agree on the positive impact of scenario planning, just 19% are fully integrating it into their supply chain strategies.”
- “CSCOs need to build dynamic supply networks that respond to continuously changing conditions and brand partnerships that immerse the supply chain in product and customer outcomes to better shape the strategies that drive profitable growth.”
- “To accelerate innovation, identify your organization’s unique tech adoption profile, invest in a diverse portfolio of innovations and enable your team to lead the transition.”
Learn more in the Gartner press release “Gartner Says Supply Chain Leaders Should Prioritize Advanced Data Visibility and Scenario Planning to Drive Competitive Advantage Amid Global Uncertainty.”
Signature Series: Future of Supply Chain
Presented by Suzie Petrusic, Senior Director Analyst, Gartner Supply chain leaders strongly agree on the capabilities needed for future preparedness, even as a majority are struggling to deliver fully on today’s objectives. In this session, Suzie Petrusic, Senior Director Analyst at Gartner, highlighted four pathways to future success and their implications for supply chain leaders’ investment priorities over the next three-to-five years.
Key Takeaways
- “Leaders are currently investing in talent, and they have yet to adopt the most advanced technologies and make very focused investments aligned to their strategic profiles.”
- “There are four pathways to achieve supply chain future readiness: Deferment, Durability, Decision-making and Design.”
- “Leaders can be found among all four profiles, but most often originate from the design profile, suggesting the importance of strong business model capabilities.”
- “Supply chain leaders seeking future readiness should start by identifying their profile, benchmarking current investment priorities and aligning future investments with their profile.”
Journalists can receive additional information and/or request an interview with the Gartner expert by contacting Justin Lavelle at [email protected].
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