Global Trade

Supply Chain Management: How It Will Conduct in 2025

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বাংলায় পড়ুন Researchers and Reporters: Shama Sultana Isfaqul Kabir

In the modern era, supply chains are essential to business performance and customer satisfaction. They are more than just a way to distribute goods and services to companies. By 2025, supply chain management will have advanced and been enriched with numerous new tactics and technologies. Global trade is based on the supply chain, which guarantees that goods and services are properly delivered to the market. 

The supply chain industry is expected to face a number of new opportunities and difficulties in 2025. In their plans, prominent firms in this industry, like ACI Limited, Citygroup, Vanderlande, SAP, and Bright Star Supply Chain, have stated that they will implement artificial intelligence (AI) technology. These businesses anticipate increased supply chain efficiency as a result of AI which will assist them in keeping up with the market’s quick changes. Businesses can benefit from this shift by strengthening themselves with the appropriate approach.

  1. Use of digital technology

In 2025, supply chain management will make extensive use of digital technology. Assume that you manage a small business and are responsible for figuring out when things will be delivered. Previously, you had to figure it out by hand, but now that you have digital software, you can quickly track when and how things will arrive. Customers will also find this to be incredibly convenient because they can view the delivery details straight on their mobile devices. For example, FedEx and DHL’s supply chain tracking systems use cutting-edge technology to give clients precise and fast information.

Use and effectiveness of digital technology in supply chain management.

  1. Automation

Automation technology is becoming more and more popular over time. Consider the following scenario: you are employed in a sizable warehouse that supplies and stores goods. Due to automation technologies, machines, and robots can now precisely and swiftly gather products. Human labor will be lessened as a result, and time will be saved. In its warehouses, for instance, Amazon employs robots to precisely identify products and get them ready for truck loading. It guarantees a quick delivery process.

  1. Green supply chain

In 2025, customers will favor companies that practice environmental responsibility  For this reason, many companies will create ecologically friendly supply chains. For example, an online retailer like Daraz Bangladesh has begun using eco-friendly packaging materials and plans to use electric cars for transportation systems, both of which would reduce carbon emissions. As a result of this program, customer trust in the company will rise.

At the moment, Unilever is concentrating on improving the sustainability of its supply chain. New technologies and eco-friendly regulations are being implemented in their supply chain operations. These kinds of projects will assist them in reaching their long-term corporate objectives.

"Use of eco-friendly technology and sustainable strategies in green supply chain management.

  1. Use of Blockchain Technology

Blockchain technology will increase the supply chain system’s security and transparency. Consider the following scenario: You purchase a product and are curious about its origin. With blockchain technology, you can track the product’s manufacturing nation, transportation method, and delivery time. To increase customer trust, businesses such as IBM and Walmart are utilizing blockchain technology to track each stage of their product delivery.

  1. Customized Product Delivery

Companies will be able to give clients bespoke products in 2025, enabling them to design items that suit their tastes. For instance, you can purchase a T-shirt online and receive the desired design and color if you want it in your preferred color and design. Nike and other brands are giving their customers a unique experience by offering personalized merchandise.

Nonetheless, Nike aims to improve the speed and flexibility of its supply chain to satisfy consumer demands. To enhance customer service, they plan to utilize technology to manage inventory and streamline procedures.

  1. Data Prediction and Analysis

Business supply chain data analysis will increase in 2025. A retailer is aware, for illustration, that winter will arrive next week and that there will be a greater need for winter apparel. Next, they will prepare and stock winter apparel at the appropriate time so that they have the right goods available when demand increases. Using data analysis, fashion retailers such as Zara and H&M can provide the appropriate goods at the appropriate moment.

The role of data analysis and forecasting in supply chain management.

  1. Partnership and Collaboration in the Supply Chain

Organizations will work together to offer their products more rapidly and effectively in 2025. Two organizations, for a scenario, can support one another if they wish to market their goods together. McDonald’s, for this reason, helps its suppliers by sharing its regional distribution infrastructure, ensuring that their food reaches customers promptly and in good condition.

Managing the supply chain will be simpler, quicker, and more effective in 2025. Digital technologies, automation, blockchain, and data analytics can help firms improve customer service and gain a competitive edge in the marketplace. These adjustments will guarantee that goods and services arrive more quickly and precisely, which will benefit both businesses and consumers.

“References”

Digital Twin Technology: The wonder of the information technology

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