Key Takeaways

• “By applying offset strategies - changing competitive positioning by applying unconventional or untried approaches to leverage your strengths - you can accelerate successes that deliver a competitive advantage you deserve.”
• "There are five challenges  that require strategies to offset accelerating change and avoid future disruptions:
  • Cognitive Overload
  • Evolving Customer Expectations
  • Technology Change
  • Supply Chain Cyber Risk
  • Energy Instability
• “A successful customer offset strategy will create opportunities to develop different sourcing priorities and policies, building new relationships and networks to deliver value.”

• “The biggest challenges facing supply chain leaders in the technology space is not necessarily the technology. It is embracing and adapting to the new technology, and envisioning new ways of doing business.”
• "You cannot control if you get hit by a cyber-attack. But you can control the business decisions that dictate investments resulting in protection against cyberattacks if you see the attack coming, or how long you are down after an attack."

Key Takeaways

• “Pandemic-driven technology acquisition has created a ‘tech boom’ in manufacturing operations. This is exposing misaligned objectives driven top down by the business, and the day-to-day operation and capabilities from sites.”
• “Rules are being rewritten: Lean-based production systems are being modernized to deliver new guidance to leverage these investments in lockstep with manufacturing capabilities.”  
• “The art of the possible has to be affordable. Current funding models are not agile enough to support the speed and scale of smart manufacturing.”  
• “New tactics focused on creating incentives and funding models that limit risk are motivating site leaders to adopt and scale smart manufacturing.”  
• “The frontline worker experience is being improved with better access to the tools and training to build digital acumen.”

Key Takeaways

• “Logistics sustainability is not the responsibility of logistics alone, but requires input from  all stakeholders - internal and external.”
• “Climate action is critical and must accelerate, but supply chain leaders also need to recognize sustainable logistics is about more than climate change. Logistics can play an active role in many sustainable initiatives across ESG streams.”
• “Sustainable initiatives will take considerable investment. Be prepared for trade-offs.”
• “Whether you are outsourced or in-housed, it should still be a strategic priority for your logistics function to deploy a successful sustainability roadmap.” 
• “Gartner research shows that 64% of logistics is outsourced – If you are part of the 64%, it is time to have discussions with your service providers on their capability to align with your sustainability strategy.” 
• “Do not procrastinate when it comes to sustainability. There is no prize for second place in this race.”

Key Takeaways

• “Marketplaces account for 67% of global e-commerce sales, leaving just 33% of transactions taking place on companies’ own dedicated websites. The revenue gained from the top 100 global marketplaces grew by 18% in 2021 compared to 2020.”
• “With 2 out of every 3 dollars of spend taking place on marketplaces, are individual companies fighting a losing battle in attempting to capture customers?”
• “While many platforms may appear to be primarily B2C, these platforms also provide businesses with a means to reach more customers and market their services in new ways.”
• “An increasing number of retailers, such as Costco, H&M, Kroger, Target and Walmart are setting up their own marketplaces to sell their and many other third-party brands.”
• Gartner predicts that by 2023: 
  • At least 70% of the enterprise marketplaces launched will serve B2B transactions.
  • 30% of enterprise marketplaces will transition to a majority third-party seller model for better profitability.
  • Organizations that have operated enterprise marketplaces for more than one year will see at least 10% increase in net digital revenue.