Supply chain planning’s inflection point

April 1, 2020 - Research U41

As the global COVID-19 pandemic continues to develop, companies ranging from the Fortune 500 to brand-new startups are all confronting the reality of how fragile global supply chains have become. The relentless pursuit of lower material and transportation costs has led many organizations to overexpose themselves to the risks presented by unpredictable disruptions such as widespread illnesses and natural disasters. Robust supply chain planning (SCP) has taken on heightened significance within enterprise application deployments because of its proximity to central business processes and its ability to help companies navigate uncertain conditions. Nucleus expects that recent disruptions will drive a new wave of adoption for SCP solutions as the long-term return on investment becomes more apparent for all companies.