05 Aug 2017 Back

Key trends of 2017 in supply chains and logistics

Everything in our lives is highly influenced by economical changes, shifts and trends in the world. Starting with the production process getting all the way to the distribution of products, warehousing and inventory management, packaging and assembly, project cargos, freight forwarding and industry’s array; no doubt that the supply chain is inevitably affected. 
Let’s check the trends that occurred in supply chains and logistics for 2017:
1. Emphasis on transparency: last year, many businesses faced problems due to the lack of ethical practices in their warehousing and inventory management, packaging and assembly and project cargos. As customers are becoming more healthy-oriented and eco-friendly, the professionals of the warehousing and inventory management, packaging and assembly will have to make sure that their products are safe, ethical and eco-friendly.
2. Complexity and collaboration: supply chains can get really complex especially when teams take on many suppliers in different locations. Studies show that strong collaborative relations give back tremendous benefits for warehousing and inventory management along with the other packaging and assembly professionals.
3. Gain by providing more information: in business, knowledge is power and there is an amount of business-critical information that freight forwarding professionals are armed with and they would harness this strength point to push up their organizations.
4. Technological must: a few years back, it was an option for a business to turn more digital-oriented, however nowadays it’s become an undeniable must for companies to embrace the fact that digital supply chains boost their revenues.
5. Facing crises:  when we talk of global warehousing and inventory management and the trading industry’s array, we have to acknowledge the fact that they’re forever-known to be risky, that’s why supply chain managers should have the ability to plan in advance and this is how they would react on-spot whenever disruption occurs.
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