Connected. Intelligent. Scalable. Nimble. These are the words used to describe the anticipated outcome of the current transformation of traditionally linear supply chains in the third edition of MHI’s Annual Industry Report, “Accelerating change: How innovation is driving digital, always-on supply chains.”
As evidenced by the title, the report examines the concept of the always-on supply chain, defined as: “An integrated set of supply networks characterized by a continuous, high-velocity f low of information and analytics, creating predictive, actionable decisions that better serve the customer.”
As with the previous two reports, MHI again partnered with Deloitte to conduct a survey of the key decision-makers who helm today’s supply chain networks. And a lot of them had something to say. While the first two report surveys collected input from approximately 450 respondents, this year’s doubled to nearly 900.
The majority of respondents (51%) were senior executives at the C-level, vice presidents and general managers, from companies in manufacturing, distribution and service sectors. Companies ranged from small (less than $10 million in annual sales) to large (more than $10 billion in sales), with half of them reporting annual sales in excess of $100 million and 9% reporting annual sales of $10 billion or more.
By Carol Miller, MHI Vice President of Marketing and Communications