The U.S. manufacturing sector is experiencing a historic resurgence, reshoring production at an unprecedented rate. However, this renaissance comes with its own set of significant challenges that need strategic solutions.
In an era of unprecedented disruptions, building resilient supply chains is crucial. Leveraging data, AI, and automation can transform challenges into opportunities for growth and stability.
The global supply chain landscape has been significantly disrupted over the past decade by events ranging from the pandemic to geopolitical conflicts and climate disasters. Jabil’s 2024 Supply Chain Resilience Survey reveals that integrating advanced technologies such as AI and automation is essential for navigating these challenges and building resilience.
Visibility
Organizations must harness usable supply chain data to anticipate and circumvent disruptions. According to Jabil’s survey, 69% of respondents acknowledge limited visibility and the need for more. Enhanced visibility should enable predictability, allowing companies to forecast issues and adapt strategies proactively. AI and machine learning (ML) are pivotal in this regard, with 66% of respondents using these technologies for strategic decision-making.
Optimization
Optimizing supply chains for resiliency is a top priority for 82% of survey respondents. By assessing current technologies and performing gap analyses, companies can build connected technology stacks that offer comprehensive views of their operations. Nearly all respondents (93%) report measurable results from their supply chain and procurement technologies, highlighting the value of strategic technology selection.
Sustainability
A resilient supply chain is also a sustainable one. Organizations are increasingly focusing on sustainability ahead of anticipated regulatory changes. Jabil’s survey indicates that many companies are developing processes for waste and energy reduction, establishing sustainable procurement policies, and sourcing materials from validated suppliers. While only 23% of decision-makers currently prioritize sustainability, this number is expected to rise as regulations evolve.
As we forge ahead, organizations must invest in capabilities that support visibility, optimization, and sustainability. By prioritizing actionable solutions, the industry can create supply chains that are resilient, responsible, and ready for the future.
For more insights on supply chain strategies, read our related articles on Strategic Resilience: Navigating Supply Chain Challenges Amidst Global Elections, Geopolitical Tensions and Oil Prices, and Manufacturing Renaissance and Reshoring Challenges.
