Report: 51% of supply chain leaders will sacrifice profit to improve sustainability outcomes
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According to the success of a new study on supply chain resiliency performed by IBM and course of action mining company, Celonis, 51% of provide chain leaders are eager to sacrifice profit to make improvements to sustainability results, which equates to $22 billion for U.S. Fortune 500 companies in a one calendar year.
Also, these organizations recognize the essential function that systems like hybrid cloud, AI, method mining and execution management play in aiding them conquer the sudden disruptions they’ve confronted more than the very last two many years. In reality, 87% of chief provide chain officers (CSCOs) surveyed are employing execution management and 77% are applying process and task mining to modernize their operations.
As a result of 2025, 83% of CSCOs system to introduce AI-enabled authentic-time inventory administration another 83% count on to introduce self-monitoring, self-correcting belongings and 81% are seeking to AI-enabled procedures and workflows for true-time need sensing.
Furthermore, in an work to modernize their source chain operations, 87% of CSCOs system to use execution management in their working day-to-day workflows.
The study’s conclusions show that organizations are looking for methods to modernize their source chains by embracing info and hybrid cloud strategies, as effectively as prioritizing sustainability.
For case in point, supply chain leaders are reinventing procedures by leveraging the most up-to-date, information-infused systems through the cloud — 69% are setting up to accelerate cloud adoption to greatly enhance authentic-time info access. The report also shines a mild on the part of the CSCO, as nicely as the various strategies they are location on their own aside from peers and competitors who are only targeted on addressing current concerns.
The report, titled “The resilient electronic provide chain: How smart workflows equilibrium effectiveness and sustainability,” was carried out by the IBM Institute for Enterprise Price (IBV) with each other with Celonis and Oxford Economics. The team surveyed 500 Main Source Chain Officers across industries to achieve an in-depth being familiar with of how new disruptions in world-wide offer chains are affecting their short-phrase strategies, extended-expression methods and business general performance.
Ten industries are represented in the examine, which include banking, purchaser merchandise, healthcare, electronics, telecommunications, insurance policy, industrial products and solutions, manufacturing, automotive and daily life sciences. The revenue dimension of firms surveyed ranges from $500 million to $500 billion.
Go through the full report.
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