The Fourth Industrial Revolution, or Industry 4.0, is rapidly impacting how global manufacturers operate.

Supply chains need to look at technologies that can impact efficiency and productivity across multiple functions and tasks. One often-overlooked technology is wireless network connectivity.

It's vitally important for companies to understand every touchpoint in their supply chains and third-party relationships, to ensure they don’t link to transnational criminal organizations trafficking in war materials or money laundering.

Each year, millions of garments are bought and disposed of by consumers, leaving behind a wake of water pollution and carbon emissions.

Organizations lose between 3% and 4% of their total external spending due to high transaction costs, inefficiencies and non-compliance in the source-to-pay cycle.

In a highly connected and digital world, fragmented supply chains simply don’t work. Organizations today require end-to-end visibility, to compete and navigate the challenges that have recently plagued global businesses.

Supply chain partners have never had greater access to tools for data collection and analysis than they do now, but many are failing to take full advantage of these resources. 

As global freight forwarders face falling freight rates, rising interest rates and geopolitical instability, they might be excused for pulling back on technology investments in 2023. But that conclusion couldn’t be further from the truth.

Will 2023 herald a return to more “normal” operations in the logistics sector?

Today’s fast-moving, consumer-centric world requires a supply chain that’s significantly more complex, now accounting for sustainability and resilience as well.