Supply Chain Tech in Twenty Twenty-Four: What’s the Deal?

Alright, folks, gather ’round. We’re talkin’ supply chains in twenty twenty-four, and let me tell you, things are gettin’ spicy. Remember those days when supply chain management (SCM) felt about as exciting as watching paint dry? Yeah, those days are long gone, my friend. We’re talkin’ rising costs, fancy new tech like AI runnin’ the show, and robots – oh yeah, robots.

Nucleus Research, those brainy folks who analyze this stuff, went ahead and surveyed a whole bunch of SCM hotshots – over one thousand seven hundred of ’em! And guess what they found? The supply chain game is changing fast.

When Money Talks, Automation Listens

Here’s the deal: almost half – yeah, you heard that right, almost half – of the companies surveyed are sweatin’ bullets over skyrocketing costs. It’s like tryin’ to fill a leaky bucket, man. But fear not, my friend, because automation is ridin’ in like a knight in shining armor (or maybe a robot in shiny metal?).

Over half of these companies are already hip to the automation game, usin’ fancy tools like generative AI and machine learning to whip their supply chains into shape. Think of it like this: AI is the brains, automation is the muscle, and your supply chain? Well, that’s the whole operation runnin’ smoother than a freshly paved highway.

AI and Automation: Get With the Program or Get Left Behind

Here’s the thing about AI and automation in the supply chain game – it ain’t science fiction anymore. We’re talking real companies, using real tech, to get stuff done right now. Over half of the companies Nucleus Research talked to are already usin’ this stuff for at least one part of their supply chain. That’s right, over half!

And you know what a Nucleus Research bigwig named Samuel Hamway said? He said – and I quote – “embracing these technologies is vital for staying competitive.” That’s right, folks. This ain’t just about being fancy or keeping up with the Joneses. This is about survival.

Secrets from the Nucleus Research Report: The Juicy Bits

Boosting Productivity and Shaking Up the Workforce

Hold on to your hats, folks, because things are about to get interesting. Those companies that are really killin’ it – you know, the ones rakin’ in over twenty percent more dough than they were a few years ago – they’ve figured out a little secret: automation.

They’re usin’ it to cut down on labor costs and free up their employees to tackle the big-brain stuff that requires a human touch. You know, the kind of stuff that robots aren’t quite ready to take over… yet. But here’s the kicker – over thirty percent of companies think automation might lead to some folks gettin’ let go. Yikes.