Thinkers360 2022 Predictions are member-sourced from our opt-in B2B thought leader and influencer community with 100M+ followers on social media combined. The 2022 Predictions are part of a series to provide actionable insights for business and technology executives.
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We asked a selection of our Thinkers360 global thought leaders and influencers about their predictions for the Supply Chain in 2022. Here’s what they told us…
What are your predictions for Supply Chain in 2022?
Ditch the dirty data!
There will be a shift from buying software to fix all our supply chain problems, to a focus on data quality so that it’s input correctly and well maintained, minimizing the amount of dirty data.
– Susan Walsh, Founder/MD at The Classification Guru Ltd
Predictive algorithms will predict the likelihood of a successful delivery so will prioritize success over difficulty. Online shopping will start to offer delivery boxes for regular customers where delivery security is an issue. Dynamic Cross-docking from truck to bike will grow in larger business cities for deliveries. Predictive algorithms will start to make millions of simple supply chain decisions based upon probabilistic options
– David Food, Head of Supply Chain Marketing at Board International
Organizations are already assessing risks and weak points in their supply chains, the strategies will start to emerge and we may see some movement on the manufacturing side of the supply chain. Sustainability and inclusion will be top of mind for organizations, we will see more collaboration in this area especially with suppliers, diverse suppliers – everyone working together to make bigger impacts. Brands in supply chain will take more control in their narrative and find creative ways to reach their potential clients. Finally, it will take time for the challenges we are seeing across the supply chain today to wane, there are no quick fixes here, long term stable demand planning will be critical.
– Sarah Barnes, CEO/Host at Lets Talk Supply Chain
2022 and beyond has the potential to be a period of renaissance in Supply Chain. As we get past more and more of the disruptions caused by the global pandemic, it will not be sufficient for people to go back to the old way of doing things. Companies will have to establish much more robust and sustainable Supply Chains and not just give it lip service. Creating the strategies and plans for deploying Digital Supply Chains with end to end digital connectivity and visibility will become more prevalent. The deployment of exciting technologies, new processes and systems, broader skills and more strategic responsibilities will make it a fantastic time to be in Supply Chain for many years to come.
– Mike Mortson, CEO at Supply Chain Game Changer
I predict that companies – and maybe even consumers – will finally differentiate between problems WITH the supply chain and problems IN the supply chain. Is a challenge happening because of a tier 3, tier 4, or tier X supplier’s performance or is a disruption being caused by an inability to move products and materials from point A to point B? If we can’t be precise in our discussions about the supply chain, how can we hope to be strategic about increasing its resilience?
– Kelly Barner, Owner, Managing Director at Buyers Meeting Point, LLC
Supply chain resilience will move from being a “nice to have” to a “must have” part of supply chain planning, and companies will look to adopt innovative approaches that balance increased flexibility, agility and responsiveness against cost. Moving beyond traditional approaches, firms will accelerate their adoption of proven digital solutions, such as employing 3D printing in the manufacturing of spare parts, tooling and finished products, particularly through end-to-end 3D printing capability providers, and implementing automation in both their physical supply chains and back office processes. To ensure the success of those, firms will also address long-term issues that have held back success in digital adoption, such as the cleanliness of their materials master data and the optimization of supply chain processes.
– Len Pannett, Managing Partner at Visagio Ltd
I believe that in 2022 supply chain will be on everyone’s radar. Looking at the short-term challenges there will be a strong focus on managing risks and anticipating the right demand from clients. At the same time, looking further into the future, 2022 will see a lot of development in the field of sustainability, innovation, and digitalization. Handling both priorities at the same time will create stronger and more powerful procurement and supply chain organization.
– Herve Legenvre, Professor & Director of the Value Creation Observatory at European Institute of Purchasing Management (EIPM)
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