Global supply chains have become increasingly complex over the past few years as businesses embrace sourcing materials and components from multiple countries and regions. With the COVID-19 pandemic, the fragility of these supply chains has been exposed, and the need for businesses to adapt and become more resilient has been emphasized. As we enter a new era of logistics, here are five trends that will shape the future of global supply chains.

As the demand for products and services continues rising with the increase in the global population, the carbon footprint caused by the demand for high manufacturing capabilities also keeps rising. This is a challenge in the management of the supply chain. For this to be reduced the environmental impact, businesses must find strategies to reduce their carbon footprint. Here are some strategies for reducing carbon footprint in supply chain management in 2023:

Over the past few decades, the global economy has become increasingly interconnected, and supply chains have become more complex than ever. With the COVID-19 pandemic, things further degenerated, highlighting the need for resilient and flexible supply chains. As we think of attaining this, technology will be crucial in enhancing supply chain resilience. Here are some AI and machine learning innovations that are set to revolutionize supply chain management in 2023.