John Paxton opened Wednesday morning’s keynote with an introduction to the findings of the 2023 MHI Annual Industry Report, titled The Responsible Supply Chain: Transparency, Sustainability, and the Case for Business.The report focuses on new trends and technologies transforming the industry.
In his introduction, Paxton said responsible supply chains should react in real-time to changing conditions, which will require actionable data, automation and automated decision-making.
Paxton also said that investments in technology such as automation, IoT, advanced analytics and AI will arm your operations to be able to provide speed, accuracy and improved visibility. These solutions enable the real-time decision-making and transparency necessary for improving performance up and down the responsible supply chain.
The Industry Report is the tenth in a series of reports by MHI and Deloitte. To get the report, click here.