Asia Pacific at the epicentre of today’s global supply chain transformation.
As supply chains become more fragmented, dispersed, and complex, professionals who can create clarity from chaos are in high demand.
Artificial intelligence. Digitisation. Transparency. Supply chain management is being rapidly disrupted by technological and social changes. Companies are under increasing demand to respond to the pressure of what’s become known as the ‘Amazon Effect’ – where the goliath is raising expectations of how quickly products can be delivered and how cheaply.
As recently as 2017, a typical supply chain accessed 50 times more data than five years earlier. Yet, less than a quarter of this data is being analysed. Supply chain leaders of the future will focus on harnessing the power of this data to understand and predict how external factors affect supply chains in real time – from labour shortages and adverse weather conditions to political unrest and spikes in demand – to maximise operational efficiency and gain a competitive advantage.
The industry is growing, fast. However, a shortages of skilled professionals have been reported in Hong Kong, China and other Asian countries.
Supply chain opportunities are expanding from both ends, from global sourcing of goods to distribution, sales and fulfilment. For ambitious professionals in this sector, they can expect an average career growth of 25.5% over ten years according to a study by CNN.