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Future Supply Chains

In our industry the competitor that's best at managing the supply chain is probably going be the most successful competitor over time. It's a condition of success (Jim Owens, former chairman and CEO of Caterpillar)

Information about Future Supply Chains

There has been a rise lately of interest in the evolution of supply chains which is driven by the advancements in technology, by the creation of operating ties among participants and through the use of inter-organisational forms (Hoppe, 1999). Some of the generally anticipated short-term characteristics of the future supply chain are: multi-partner information sharing among key stakeholders, collaborative warehouses and collaborative transport capabilities, warehouse locations on the edge of cities will be turned into hubs and cross-docking will take place for final distribution, non-urban areas will have regional consolidation centres in which products will be cross-docked for final distribution and final distribution will take place via consolidated deliveries using efficient assets (GSI & Capgemini, 2008). More generally, the future will be characterised by a quick change in relative attractiveness of manufacturing locations and by the ability to produce large volumes economically (Malik et al., 2011).

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