Digital supply chains topped the list of the Top 10 Supply Chain Trends of 2024, published by the Association for Supply Chain Management (ASCM). ASCM projects that the worldwide market for supply chain management applications will grow to around $31 billion by 2026, highlighting the significance of supply chain architecture investments. Future developments will be influenced by a number of major trends, such as the digital supply chain, big data and analytics (which ranked first in 2023), visibility, and traceability. Your team will need to acquire new skills and knowledge in order to meet these key pillars, especially in relation to the Supply Chain Operations Reference Digital Standard (SCOR DS). The understanding that enabling needs to be a bigger part of supply chain orchestration is what's causing this change. Following the digital supply chain and big data and analytics, the Top 10 include artificial intelligence, supply chain investment, visibility, traceability, and location intelligence, disruption and risk
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