Inventory, network optimization among most widely adopted supply chain technologies

Forty percent of supply chain professionals say their organizations are currently using inventory and network optimization tools in their operations and 34% expect to be doing so within the next two years, according to the latest annual MHI Industry Report which surveyed 1,001 supply chain professionals in manufacturing, transportation and other industries. More than half (54%) of respondents said they think inventory management technology has the potential to disrupt the industry or provide a competitive advantage to the user. These tools make reskilling the existing workforce a possibility. "If employees from non-technical roles have deep knowledge in business functions such as inventory management or distribution center operations, then transitioning to a technical role supporting inventory & network optimization might be a perfect fit," the report reads.