Supply chain leaders can evaluate the capabilities from this Hype Cycle to make strategic decisions on pilot projects and investments.
In this year of uncertainty and disruption, supply chain leaders must strive to balance a focus on foundational capabilities with the pursuit of innovation. Organizations that set the base for their success now will be able to pivot out of the economic downturn much faster than their competitors.
“A Gartner Hype Cycle is an excellent way for supply chain leaders to figure out what actions to take next, where to invest now and what to keep on the radar,” says Noha Tohamy, Distinguished VP Analyst, Gartner. “Some of the capabilities are very close to maturity, while others such as artificial intelligence (AI) are still evolving. Nevertheless, leaders must realize their potential for business transformation and start active exploration and experimentation.”
In the Gartner Hype Cycle for Supply Chain Strategy, 2020, there are a healthy number of capabilities to the left of the peak, which reflect the many emerging capabilities that supply chain organizations are exploring. On the right are the capabilities that companies should be actively adopting at scale to optimize their performance.
Here are five capabilities from the Gartner Hype Cycle for Supply Chain Strategy, 2020 that supply chain leaders should have on their radar.