For global supply chains striving to meet growing expectations of sustainability, transparency and traceability are essential capabilities.

Following are five key industry developments we can expect to see in the upcoming year, all supported by AI, and the potential that these trends hold for enhancing service delivery.

Including same-day delivery options is good for business, bringing long-term, strategic benefits that should counter the typical six-figure cost of setting it up.

While two years may seem like ample time to prepare, the reality is that it takes careful planning and multiple steps to implement advanced track and trace technology.

Supply chain visibility will remain top of mind for shippers, says Peter Weis, chief information officer and senior vice president of supply chain at ITS Logistics.

Geopolitical risks are disrupting global supply chains and compelling business leaders to take third-party risk management more seriously.

When it comes to assessing supply chain risks, planners generally don’t place natural disasters at the top of the list. But with the growing number of extreme weather events, that could change in the coming years.

The adoption of e-commerce as the consumer’s retail channel of choice has increased by 30% post-pandemic, spurring urgent mandates for e-tailers to scale operations and services.

To meet changing consumer expectations and comply with new sustainability laws, traceability in the fashion and apparel supply chain is key.

The report concludes that companies are increasingly investing in advanced technologies such as IoT devices and AI to improve their visibility capabilities.