Over the past few years, the world’s supply chains have been tested in so many ways, yet many have emerged stronger and more resilient than ever. However, the hard work for supply chain leaders is far from over, with six new areas that should be getting significant attention.
In the next one-to-two years, supply chain leaders will likely be occupied with a growing focus on Environmental, Social and Governance (ESG) commitments; a new level of investment in advanced robotics and automation; and the evolution of the supply chain workforce.
In the next three-to-five years, we expect supply chain leaders will be thinking about the use of distributed ledger technologies (DLTs) and digital money (DM) for security and monitoring of cross-border trade flows; how the supply chains of entire sectors will change amid technological innovation; and the potential of the metaverse as a supporting technology.
The future of supply chain report explores the current context of the supply chain sector and the issues faced daily by supply chain leaders. These challenges range from the need to build resilience, to meeting ever-growing multi-national regulations, bringing ESG concerns into supply chain operations, and preparing for an unknown future. We then deep dive into the six key areas outlined above and explore how leaders can make the most of these opportunities.
The report draws on the KPMG Future of Supply Chain Survey conducted in November 2022, where 300 supply chain executives globally were asked about future trends, and their priorities in the short and long term.
