Supply Chain Trends for 2020

Supply Chain Trends for 2020

As we arrive at the end of another year, it’s time to take a look at the trends we can expect to see in 2020, and how these will challenge and benefit our business and the industries we operate in. Here are 3 trends to anticipate in the global supply industry for 2020, and beyond that.

Greater Focus on Integration

With the ever-increasing need to respond quickly to customers, procurement and business requirements, a greater focus will be placed on integration in 2020 in an effort to meet these needs. This trend will focus on greater integration of supply chains in terms of new product development, leaner production, supply and demand challenges and shorter product life cycles. The improvements in technology have also made it possible for businesses to reduce the number of actual paper documents that go through the business and move these online to streamline their supply chain.

Greener Logistics is a Top Priority

Companies in all industries across the globe are making significant changes within their businesses in order to do their bit to reduce their carbon footprint, and the logistics industry is no exception. “Green Logistics” is a term we can expect to hear thrown around a lot more in 2020, and this is a trend where logistics companies integrate their sustainability efforts into their overall strategy in an effort to eliminate pollution. In addition to helping the environment, going green will also lower supply chain costs and increase customer loyalty, so there really is no reason NOT to do it.

Humans Remain a Key Part of the Equation

With the increased use of technology to complete tasks that might otherwise have been done by humans, there is some concern over job losses. However, we believe that this is not something to worry about at the moment, and possibly for a while to come. While companies are moving towards a more digital workforce, the costs and risks involved in going fully digital would be huge. What we have seen work better is investing in proper infrastructure and training staff members, as this increases the productivity of the supply chain and eliminates additional maintenance costs. There is also a human element in service that machines just can’t quite provide yet.

As trends evolve, so does our technology. We continuously update our systems and use our knowledge of what works and what doesn’t in order to give our customers a truly exceptional product that will help them remain competitive in the logistics industry. If this sounds like something of interest for your business, be sure to send an email to pricing@centralstation.co.za and we will be in touch. To find out more you can also visit our website at www.centralstation.co.za.

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