TECH BUYER Oct 2020 - IDC FutureScape - Doc # US46920720

IDC FutureScape: Worldwide Supply Chain 2021 Predictions

By:

Simon Ellis
Loading
,
Jordan K. Speer
Loading
,
Alison Close
Loading
,
Mickey North Rizza
Loading
, Maggie Slowik,
Aly Pinder
Loading
,
Stephanie Krishnan
Loading
Table of Contents

IDC FutureScape Figure

Figure: IDC FutureScape: Worldwide Supply Chain 2021 Top 10 Predictions

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

Learn More

Related Research

Content


Related Links