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The Need For Supply Chain Innovation: Why You Should Watch These Four Trends ?

The Logistics & Supply Chain Management Society

The Need For Supply Chain Innovation: Why You Should Watch These Four Trends ? For instance, Maersk and CMA CGM are building end-to-end logistics capability chains, while over USD 6bn was invested by VC investors in freight marketplaces alone through 2019. Source: US Census Bureau. USD 2bn in annual VC funding) from 2015-2019.

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The introduction of E-Procurement.

ModusLink Corporation

The ease of accessibility of this technology causes many organizations to shift towards E-Procurement as an effective and innovative Supply Chain support system to help companies reach goals including operational efficiencies, sustainability, and profitability. Namulo, 2017).

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E-Commerce Takes Off in Developing Countries

Elementum

Smartphone use in countries like India and Kenya is growing rapidly as companies like Xiaomi offer more affordable models aimed at users in developing countries. Investors and research groups are optimistic about countries like Nigeria and Kenya, whose burgeoning middle classes have the capital to spend on foreign-made goods.

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