As they head into 2024, companies will be looking to accelerate the delivery of data-driven intelligence to better manage global supply chains and increase on-time customer deliveries, according to a report from electronics and connectivity provider Molex.
They will attempt to do that through continued advancements in supply chain infrastructure, along with increased adoption of digital tools and artificial intelligence (AI), according to Don Hnatyshin, senior vice president and chief supply chain officer at Lisle, Illinois-based Molex.
“Regardless of the expected and potentially unexpected trends in the coming year, organizations that pursue digital transformation will be best positioned with the agility to respond to the market changes and global shifts in 2024,” Hnatyshin said. “The key is having the vision to build out a platform that can adapt, protect and reinforce customers’ timelines and market initiatives across a wide range of known and unseen scenarios.”
More specifically, Molex offered five factors they predict will play pivotal roles in 2024:Copyright ©2024. All Rights ReservedDesign, CMS, Hosting & Web Development :: ePublishing