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ATLANTA, July 09, 2019 (GLOBE NEWSWIRE) -- A new report from Logistics Trends & Insights and American Global Logistics (AGL)—“Adapting to the Age of the Consumer with an Agile Supply Chain”—reveals that businesses are focusing their strategic investments on agile, responsive supply chains to respond to rising customer expectations and address the current competitive challenges.
KPMG’s 2019 CEO Outlook reports that 64 percent of U.S. CEOs believe that agility has emerged as a critical capability—that being too slow can lead to obsolescence. In the same report, 63 percent of CEOs agree that “over the next three years they need to improve their innovation processes and execution.” An April 2019 report from Gartner (Raskino, Mark. "2019 CEO Survey: The Year of Challenged Growth." Gartner, April 16, 2019) indicated that 82 percent of CEOs currently have a digital transformation or initiative in place, up from 62 percent in 2018.
“We’re living in an ‘anytime, anyplace’ environment, where consumers have virtually unlimited options and control over what and how they purchase,” said Jon Slangerup, Chairman and Chief Executive Officer, American Global Logistics. “The ability of businesses to adapt their supply chains in response to changing consumer behavior has direct implications for their future sustainability and growth. By investing in technology and tools that enable supply chain agility, businesses can position themselves for success in the new age of the consumer.”
While businesses realize the importance of an agile, technology-enabled supply chain, that vision isn’t yet a reality for many of them. A study from North Carolina State University (2nd Annual Data Governance, Data Quality and Artificial Intelligence) found that 95 percent of supply chain leaders face significant obstacles in creating a unified view of their data, with three in four reporting that poor data is making it challenging to achieve their digital transformation goals.
The AGL report, “Adapting to the Age of the Consumer with an Agile Supply Chain” outlines these insights and challenges and provides five ways that an agile supply chain can help organizations keep up with the needs of the modern consumer:
Download the full report, “Adapting to the Age of the Consumer with an Agile Supply Chain” at https://americangloballogistics.com/landing/consumer-outlook/
Based in Atlanta, Georgia, Logistics Trends & Insights LLC aims to cut through the content noise and provide customized logistics research and consulting services utilizing a global network of trusted and experienced analysts.
About American Global Logistics
Founded in 2007, American Global Logistics is a specialized supply chain software and services company that provides end-to-end multi-modal transportation solutions, customs brokerage, compliance consultation, carrier allocation management, warehousing, distribution, and advanced purchase order management to select customers. Its proprietary cloud-based technology provides real-time shipment visibility and forecasting and an accountability-based customer service model allow customers to deliver a consistent experience to their end-users. AGL’s client base represents a broad range of industries including automotive, furniture, chemicals, raw materials, perishables and consumer goods, and represents some of the world’s largest importers and exporters.