Five Hidden Costs That May Be Lurking in Your Supply Chain
Cost cutting opportunity
Hidden supply chain costs are increasingly putting pressure on margins. Beyond freight, labor and materials, companies should look closely at idle capacity, trade and compliance expenses, total inventory carrying costs, multi-tier supplier risks, returns and duplicate systems. Identifying these cross-functional inefficiencies can uncover significant savings and improve overall supply chain performance.
Full Story: Supply Chain 247 (08/03)
Supply shain hiring is shrinking, but companies aren't simply replacing people with AI
AI will replace tasks, not the people who do them
Supply chain hiring is slowing in traditional planning, sourcing and logistics roles as AI automates routine analysis and decision-making. However, companies are not simply replacing workers with technology—they are redesigning teams around human-machine collaboration, with greater demand for data, engineering and digital skills. The future will emphasize reskilling, human judgment, governance and exception management, allowing AI to handle routine work while people focus on strategy, resilience and complex decisions.
Full story: Supply Chain Management Review (08/07)
Leveraging AI for Supply Chain Risk Intelligence
AI
Supply chains now face constant disruption from geopolitical events, delays, and supplier instability, making traditional risk-management ineffective. AI-powered supply chain risk intelligence can analyse vast data sources in real time, helping your organisation respond faster with better decisions.
Full story: CIPS (05/19)