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Supply chain trends expected for 2024: Opportunities with IMM Graduate School’s supply chain qualifications.

The realm of supply chain management undergoes constant evolution, moulded by technological progress, global occurrences, and shifts in consumer expectations. As we approach the year 2024, it becomes increasingly crucial for practitioners within this domain to maintain their competitiveness by envisioning and adapting to emerging patterns. Within this composition, we shall explore the principal currents anticipated in the sphere of supply chain for the year 2024, concurrently illuminating pathways for career advancement presented through the Bachelor of Commerce (BCom) in International Supply Chain Management programme at the IMM Graduate School. 1. Digital Transformation Supply chain management is experiencing…

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Exploring the Latest Supply Chain Trends: Digitalisation, Sustainability, and Resilience

In recent years, the supply chain industry has seen a significant shift towards digitalisation, sustainability, and resilience. With the pandemic highlighting the vulnerabilities and challenges faced by global supply chains, companies are now investing more in technology, sustainability, and risk management strategies. In this blog, we will explore the latest supply chain trends and their implications for the industry. Digitalisation Digitalisation has become a key trend in the supply chain industry, with companies leveraging technologies such as Artificial Intelligence, the Internet of Things (IoT), and Blockchain to improve efficiency, visibility, and collaboration. These technologies are helping to automate…

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Supply chain trends 2023

The COVID-19 pandemic caused major disruptions within supply chains and worsened issues supply chains had already been facing. This year, supply chains have had to work towards recovering from the pandemic and reaching stability. This has affected the supply chain trends for 2023. Other factors affecting the trends are inflation, decreased consumer spending, and increased carrier capacity. Here are seven supply chain trends for 2023. 1. Businesses within supply chains will become more proactive The pandemic was a major disruption within supply chains and led to many other little disruptions throughout the supply chain. Businesses and supply chain professionals…

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From cloud computing to cloud chains – the rise of SCAAS

Ever since Salesforce arrived on the scene nearly 20 years ago, the holy grail of business start-ups has been to emulate the model it essentially created: software as a service (SaaS). There is good reason for this model being so coveted, not only by start-ups but also by captains of industry across sectors where there have been countless efforts to replicate it. The SaaS model allows for amazing margins at scale and predictable annuity revenue streams. For customers, it lowers upfront costs and often leads to better service and product improvements over time. The question being, can the benefits…

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