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Top 10 Companies Revolutionizing Supply Chain in 2023

As we move post-pandemic, post CHIPS Act, post Inflation Reduction Act, our supply chain remains fragile yet central in the global commerce conversation. At the dawn of 2023, we sit atop a looming recession, war, an overflow of pent-up goods, and an outpouring of AI. What is in store for the global supply chain? And what are investors paying attention to?

Over the last 2 years, there has been a major surplus of inventory due to supply chain disruptions, inventory management issues, and a slowing economy and changing consumer purchasing patterns. In 2023, I expect to see the rise of B2C shopping platforms that utilize this excess stock, or B2B platforms that enable offloading of surplus inventory.

War, disease and politics will continue to drive reconfiguration, reshoring and automation in global supply chains. More high quality tech talent will become available for supply chain reconfiguration as Big Tech sheds data scientists, software engineers and automation engineers. Companies will get serious about ESG/carbon accounting via industry associations that define standards for specific supply chains.

Cover Story

Chainguard | Making Supply Chain Secure | Matthew Moore

By late 2020, the alarm bells were just starting to ring. Researchers discovered that Russian spies had months earlier burrowed deep into the networks of several U.S. federal networks. The spies, working for Russia’s foreign intelligence service, had first targeted SolarWinds, an IT company whose software helps to remotely manage the networks of thousands of businesses, Fortune 500 organizations and federal government agencies.

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Extensiv | Creating the Future of Omnichannel Fulfillment | Sheridan Richey

Food Huggers, a consumer brand that designs products to reduce waste at home, may be in an enviable position now but before they found Extensiv Order Manager, managing booming orders and staying on top of inventory was a huge operational challenge. The business has inventory spread across multiple geographically distributed warehouses, with orders received via multiple sales channels, including Shopify storefronts and Amazon.

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GAINS | Empowering Companies to Make the Right Decision | Bill Benton

Ensuring the right products are in the right place and at the right time is critical for companies also dealing with supply chain constraints and a high degree of variability. Uncertainty has become the name of the game and the only way to effectively optimize inventory through continuous, data-driven assessments, planning, and decision-making.

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Intelichain | Revolutionary Supply Chain Planning Solutions | Roei Aviram

Unsurprisingly, today’s supply chain faces numerous issues, including sustainability, technology, global economic and political instability, talent management, and supply chain resilience. Advanced forecasting algorithms and predictive analytics are used in supply chain management to help organizations of all sizes make better decisions by providing insights into what’s going on in their business at any given moment and predicting future trends.

Read More » | Make Profit Not Waste | Stephen Pratt

Supply chain leaders, including VPs, often find themselves making bets with unknown financial consequences. Having started with largely infeasible plans generated by deterministic “one-number” planning systems, compounded by unexpected supply or demand disruptions, they are forced into last-minute adjustments to meet operational and financial goals.

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