Supply Chain Briefing: Four Ways Companies Are Simplifying Their Supply Chains

What's Inside

Supply chains are becoming increasingly complex, prompting global retailers to look for ways to simplify processes to speed operations and cut costs. Some of the strategies include:

• Consolidating vendors
• Unifying data systems
• Streamlining distribution channels
• Selling directly to consumers

We also see companies lean on digital technologies, such as using Big Data and machine learning analytics tools for predictive analysis, embracing robotics and autonomous warehouses and leveraging cloud system to integrate digital infrastructure.