How to Conquer Demand Volatility and Other Supply Chain Challenges

Supply Chain Planning teams are operating in a world where disruptions are happening more frequently and they have become predictably unpredictable, and bigger in impact. The supply chain planning organizations have the responsibility to lead their organizations’ planning for future demand and supply. In a volatile environment this is becoming increasingly difficult, and more often than not, the businesses end up finding themselves in a highly reactive mode of operations. The organization structures, processes and technologies of the past have a hard time keeping up with today’s challenges.

Artificial Intelligence offers huge benefits for supply chain managers, but only if it is based on solid fundamentals that consider the scale and dynamics of today’s supply chains.The success of AI in supply chains is heavily dependent on information accuracy, data timeliness, and selection of the correct decision space for AI applications.

How to mitigate supply risks by increasing supply chain visibility through effective retailer-supplier collaboration How to build resilience through end-to-end supply chain transparency, with real-world examples Mikko’s supply chain predictions for 2022 and his recommendations for how retailers can best prepare for the coming year

Meeting customer expectations is becoming increasingly difficult as supply chains become more complex and delivery requirements tighten. However, in order to succeed in today’s increasingly competitive market, all businesses must leverage customer satisfaction as a key differentiator, with the aim of building loyal and long-lasting relationships based on trust, reliability, dependability and value.