IDC FutureScape: Worldwide Supply Chain 2021 Predictions

IDC FutureScape: Worldwide Supply Chain 2021 Predictions

This IDC study provides manufacturers and retailers with the top 10 predictions and underlying drivers that we expect will impact IT investments in the supply chain in 2021 and beyond. Technology leaders and their counterparts in the line-of-business (LOB) operations can use this document to guide their IT strategic planning efforts.According to Simon Ellis, program vice president, Global Supply Chain Strategies at IDC, "Although the specter of disruption has been front and center in 2020, we do not believe that invalidates the supply chain transformation journey that so many companies are pursuing — in fact, we think it validates it. The supply chain will continue on its journey of almost unparalleled levels of change, with digital transformation at the center of efforts to both improve efficiency and effectiveness and be resilient to disruption."

Please Note: Extended description available upon request.


IDC FutureScape Figure
Executive Summary
IDC FutureScape Predictions
Summary of External Drivers
Predictions: Impact on Technology Buyers
Prediction 1: By the End of 2021, 90% of All Manufacturing Supply Chains Will Have Invested in the Technology and Business Process Necessary for True Resiliency, Resulting in Productivity Improvements of 15%
Associated Drivers
IT Impact
Guidance
Prediction 2: By 2024, 30% of Manufacturers Will Have Invested in IIoT and B2B Collaborative Network Ecosystems to Support Reshoring/Onshoring of Strategic Supply to Align with Nationalistic Government Policy
Associated Drivers
IT Impact
Guidance
Prediction 3: By 2023, 65% of Digitally Transforming Procurement Organizations Will Have Continuous Savings Tracking with Real-Time Reconciliation to Budgets and Other Business Plans
Associated Drivers
IT Impact
Guidance
Prediction 4: By 2024, 50% of Manufacturers Will Improve Agility by Postponing Final Production Time by 15%, on Average, Contributing to a 2% Increase in Revenue
Associated Drivers
IT Impact
Guidance
Prediction 5: By 2022, 50% of Manufacturers Will Accelerate the Deployment of Service Robots to Better Manage Specific Operational Tasks, Leading to 15% Cost Reductions and Improved Supply Chain Responsiveness
Associated Drivers
IT Impact
Guidance
Prediction 6: By 2025, Half of All Manufacturers Will Have Extended Visibility to Tier 3 Supply, Enabling More Agile Supply Chains and a 50% Reduction in the Impact of Supply-Side Disruptions
Associated Drivers
IT Impact
Guidance
Prediction 7: By 2023, 60% of G2000 Manufacturers Will Leverage Artificial Intelligence to Dynamically Reserve and Position Service Vehicle and Customer-Site Spares Stock, Decreasing Mean Time to Repair by 25%
Associated Drivers
IT Impact
Guidance
Prediction 8: Facing Increased Disruption, Manufacturers Will Digitally Transform and Accelerate Sustainable Innovation to Improve Supply Chain Operations from Concept to Commerce, Increasing Revenue by 20% in 2025
Associated Drivers
IT Impact
Guidance
Prediction 9: By 2023, 25% of Enterprises Will Ship Freight Using an Independent, SaaS-Enabled Marketplace Platform, Resulting in Improved Efficiencies in Load Matching and Reduced Shipping Costs
Associated Drivers
IT Impact
Guidance
Prediction 10: By 2024, 50% of Manufacturers Using Supply Chain Orchestration Control Towers Will Have Integrated Supply Chain Digital Twins for a 10% Improvement in Innovation Delivery and Disruption Avoidance
Associated Drivers
IT Impact
Guidance
Advice for Technology Buyers
External Drivers: Detail
Accelerated Disruption — Crisis, Resilience, and Opportunity
Description
Context
The Next Normal — Resilient Business and Operating Models
Description
Context
Intelligence Everywhere — Data Drives Action
Description
Context
Rethinking Globalization — Disruptions Challenge Resilience
Description
Context
Digital Platform — Ecosystems at Scale
Description
Context
Work Transformation — Redefining Teams, Skills, and Leadership
Description
Context
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