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This episode delves into six pivotal themes shaping the future of procurement and supply chain management as outlined by GEP. Explore the transformative influence of AI on procurement models, the utility of AI-powered orchestration tools, and the emerging role of AI agents. Dive into discussions on evolving value metrics, the imperative for resilience amid regulatory shifts, and the balance between globalization and localization strategies. The hosts also unpack macroeconomic projections for 2025, including trends in inflation, GDP growth, and China’s economic trajectory. Concluding with strategic insights, the episode underscores the critical importance of adaptability, sustainability, and proactive risk management for navigating the complex landscape ahead.

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This episode delves into the insightful findings from Accenture’s research report, examining the varying levels of supply chain maturity across different industries. The study pinpoints a notable disparity between industry leaders and their counterparts, underscoring the transformative impact of advanced technologies such as AI and generative AI on supply chain operations. The hosts explore the four key enablers that are pivotal for reaching higher maturity stages: modernized IT systems, advanced data platforms, localized sourcing strategies, and enhanced organizational agility. Furthermore, the episode discusses how leading companies not only achieve higher maturity ratings but also enjoy significantly better financial outcomes. Concluding with actionable insights, this discussion emphasizes that advancing to next-generation supply chain capabilities is no longer just an option but a necessity for maintaining competitive edge in the dynamic global market.

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Don't let the dialogue end here! Join Chain.NET, our vibrant online community for supply chain professionals worldwide. Engage with peers, share your insights, and explore further discussions on the topics covered in our podcast. Whether you’re seeking advice, looking to collaborate, or just wanting to connect with fellow experts, Chain.NET is your platform to deepen connections and expand your professional network.

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In this enlightening episode of Supply Chain Deepdive, hosts Michael Jung and Jess Williams dissect the key findings of the "2024 Global Trade Report: Complexity and Supply Chain Vulnerabilities" from Thomson Reuters. This episode delves into the intricacies and challenges highlighted by global trade professionals, pinpointing complexity as the foremost concern in today’s business landscape. The discussion navigates through the ongoing supply chain vulnerabilities influenced by geopolitical shifts, economic fluctuations, and evolving regulatory frameworks. Additionally, the hosts explore the growing importance of ESG criteria in supplier selection and the critical gaps in technology adoption that impact supply chain visibility and compliance. They also address how labor shortages and rising operational costs are reshaping strategies in global trade sectors.

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Continue the Conversation on Chain.NET
Don't let the dialogue end here! Join Chain.NET, our vibrant online community for supply chain professionals worldwide. Engage with peers, share your insights, and explore further discussions on the topics covered in our podcast. Whether you’re seeking advice, looking to collaborate, or just wanting to connect with fellow experts, Chain.NET is your platform to deepen connections and expand your professional network.

🔗 Ready to dive deeper? Register now at https://mygs.cc/chain and be part of the global supply chain conversation.