Business Transformation hosted the ‘Future Ready Supply Chains – Runway to Growth’ roundtable in association with Pando on 16 March 2023 in Riyadh, Saudi Arabia. The roundtable was attended by supply chain directors, logistics heads, procurement and purchase managers, and IT heads. The roundtable examined the latest strategies and technologies that are transforming the supply chain sector and redefining the existing delivery models.

The event was attended by executives from key enterprises including- Saudi Chemicals, Saudi Ceramics, Saudi Mechanical Industries, ABANA Enterprises, AlShaya, PIF, SBM-SABIC, and others.

Delegates discussed how intuitive, network-first user experience drives speedy adoption across supply chain networks and how plug and play APIs can integrate seamlessly with enterprise ERPs, carrier systems, IoT devices, and other solutions in the business. Pando, a global leader in supply chain technology that develops the world’s fastest time-to-value fulfillment cloud platform, contributed to the success of the roundtable. Pando enables rapid agility for supply chain teams by providing value, satisfying stakeholders, and growing customer talent.

 The first session of the roundtable began with a discussion of the major aspects:

• The significance of achieving end-to-end supply chain visibility for enterprises
• The essential technologies and tools required for end-to-end supply chain visibility.
• The advantages that firms may anticipate from obtaining end-to-end supply chain visibility, such as increased efficiency, reduced costs, and client satisfaction
• Blockchain, artificial intelligence, and the internet of things are among upcoming trends and technologies that are expected to affect the future of the supply chain logistics space.
• Using these tools, businesses may enhance the supply chain visibility and optimize operations.

The following were notable aspects of the second session that stimulated thought-provoking discussions:

• The use of supply chain automation leads to advantages such as higher productivity, cost saving, and better precision.
• The effects of supply chain automation on firms and employees include alterations in job requirements and the need for new skills and training.
• Many types of supply chain automation, including robotic process automation, artificial intelligence, and autonomous vehicles can be utilized to automate various supply chain segments.
• Costs, complexity, and resistance to change are obstacles and challenges to automating supply chain operations.
• The potential of supply chain automation to revolutionize the industry in the future entails new technology, trends, expansion, and creativity prospects.
• Supply chain automation promotes sustainability by reduction of waste and emissions resulting in the enhancement of social and environmental responsibility.