Supply Chain 2025—Transparency, Sustainability and the Importance of Data
Article from MHI Solutions Magazine
According to the 2024 MHI Annual Industry Report, the biggest supply chain trends include AI, robotics, automation, cybersecurity and sustainability. The common theme for all these trends is the growing need for transparent, data-driven supply chains. This is no easy task, and you can’t get there without a commitment to data integrity, an innovative workforce culture and supplier collaboration.
Data plays a central role. By collecting and analyzing data, companies can track the journey of their products from raw materials to finished goods. This data provides valuable insights into the practices of suppliers and helps identify potential supply chain risks, inefficiencies and areas for improvement. Accurate and timely data is especially critical to implementing AI as it fuels the ability of AI systems to learn and make accurate predictions and decisions.
Furthermore, data helps companies measure and track their sustainability efforts. By monitoring key performance indicators such as carbon emissions, water usage and waste generation, companies can set targets for reducing their environmental impact and track their progress. This data can also be shared with consumers, investors and other stakeholders to demonstrate a company’s commitment to sustainability.
Read the full article in MHI Solutions Magazine
