New technologies, such as the cloud and artificial intelligence, have transformed pharmaceutical supply chains from materials supplier to manufacturer, wholesaler to pharmacy and on to patients
Supply chains are moving onto cloud-hosted platforms. In these environments hundreds of thousands of partners on a supply chain can share inventory, shipping information and invoices. Here are seven reasons why platformisation could be the future for supply chain management
Making a supply chain completely agile and adaptable is necessary in times of economic uncertainty and disruption, but this requires real-time visibility over a connected network of suppliers
Cognitive supply chains that are able to predict and adapt in times of uncertainty are set to revolutionise trade, and will be a key competitive advantage in the coming years
Blockchain and other digital platforms are opening up complex supply chains in agriculture, but without involvement at every level there are limitations to their success
'The bedrock of innovation is constantly to question and challenge the assumptions'
As more businesses plan to invest in blockchain, this distributed ledger looks increasingly like the link that will transform supplies chains
The Chartered Institute of Procurement & Supply (CIPS) has recently launched The Future of Supply Management, a white paper produced in conjunction with the University of Liverpool and Aston University, Birmingham. This significant piece of academic research explores what the future holds for the procurement and supply profession