Despite a challenging economic climate, consumer goods companies are investing heavily in their supply chains, focusing on three key trends: creating new forms of engagement, optimising for resilience, and scaling performance through technology, according to Gartner. A survey of 499 supply chain leaders across multiple regions revealed that 65% anticipate funding new technology investments. On average, 73% of supply chain IT budgets this year will be allocated to growth and performance enhancements. Gartner highlights eight key areas where investments will be made: artificial intelligence, operations, mobile assets, cloud migration, workforce, IT architecture, cyber security, and IT integration. These investments aim to drive decision-making with actionable AI, transform operations, optimise mobile assets, embrace cloud technology, enhance workforce engagement, develop adaptable IT architecture, strengthen cyber security measures, and improve IT integration. Supply chain leaders must embrace strategic technologies to navigate uncertainties and ensure future planning success.

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