ALM Intelligence Pacesetter Research finds that while professional services providers typically approach supply chain challenges with advanced technology-based solutions, Market Leaders and Pacesetters realize success in part is due to a focus on proper alignment between technology, operations, employees, and network partner relationships
New York, NY – July 13, 2021– New analysis from ALM Intelligence Pacesetter Research shows that problems accumulated over the years with supply chain management and organization suddenly reached critical mass due to COVID-19, making supply chains an emergency priority for clients. This emergency prioritization means that along with M&A and restructuring, supply chains are a top driver of client demand in 2021. However, many providers and clients have been distracted by advanced new technologies in their search for remedies.
“Aside from the unexpected, abrupt disruptions caused by COVID-19, most of the problems supply chains face have been around for a long time,” pointed out ALM Intelligence Pacesetter Research Analyst Lead Tomek Jankowski. “Advanced technologies such as predictive analytics, data visualization, automation (RPA), and the Internet of Things (IoT) are playing a key role in helping clients achieve agile, flexible, transparent, and ultimately resilient supply chains. However, Market Leaders and Pacesetters have come to realize that without proper internal alignment of these technology capabilities across operations, people and strategy, as well as external partners, SCM strategies will sputter and fail.”
Market Leaders and Pacesetters differentiate themselves by positioning some element of change management as the spear point in their offering, ensuring the collaborative inter-connectivity of human, machine, and process in supply chains. This collaborative inter-connectivity has translated into heightened attention in some providers’ offerings to designing optimized human-vs-digital labor models, including a strong emphasis on training and upskilling.
In ALM Intelligence Pacesetter Research: Supply Chains 2021-2022, the Pacesetter Advisory Council assesses nineteen providers’ strategies and service offerings identified as Market Leaders for their ability to deliver client impact in today’s ever-shifting supply chain environment. Additionally, the research and analysis provide insights into the competitive dynamics and service delivery trends, driving convergence across legal, management consulting, multiservice and technology providers.
- Supply chains have been steadily absorbing professional services providers’ time, and efforts since the 2011 T?hoku earthquake in Japan briefly snarled global supply chains, with more recent events – Brexit, US-China trade tensions, COVID-19, the Evergreen blocking of the Suez Canal, etc. – steadily compounding the urgency
- With continued global political and economic volatility, the emphasis on supply chain projects has shifted from horizon scanning to developing flexible, agile, regionalized networks able to respond to sudden supply shifts quickly
- Like M&A and restructuring, supply chains have been elevated in client organization importance to the board level, which translates into very different types of engagement for providers
- An important recent development has been that COVID-19, in particular, has hastened the adoption of demand-driven supply chain frameworks, which seek to design inter-connected supply chains which are better able to react to shifting market demand more nimbly
ALM Intelligence evaluated the supply chain capabilities of the following providers: Accenture, Argon & Co., Bain & Company, Boston Consulting Group, CAMELOT Management Consultants, Deloitte, Efficio, EY, GEP, Hogan Lovells, Kearney, KPMG, Mayer Brown, McKinsey & Company, North Highland, Porsche Consulting, PwC, Thompson Hine, and Trianz.
ALM Intelligence Pacesetter Research provides independent, objective research to providers and buyers of professional services, coupled with practical insights that inform the decision-making process for strategic planning and procurement professionals. For more information or to obtain the full versions of the ALM Intelligence Pacesetter Research series, visit: http://at.alm.com/supplychain2021 or contact our Strategic Accounts Manager, James Doyle at JDoyle@alm.com.
About ALM Intelligence
ALM Intelligence provides proprietary data, analysis, tools, and knowledge that empower our clients to succeed. The product suite and vast data repository arm professionals with the critical business information required to make the most impactful and informed decisions possible. The exhaustive data repository and product functionality enable professionals to combat competitive challenges head-on with the confidence to remain ahead of the field. The depth of ALM Intelligence’s expertise across the benefits, insurance, consulting, and legal industries provide a broad spectrum of actionable intelligence to facilitate and execute strategy. Visit https://www.alm.com/intelligence/ for more information.
About ALM Media, LLC
ALM, an information and intelligence company, provides customers with critical news, data, analysis, marketing solutions, and events to successfully manage the business of law. ALM serves a community of over 6 million business professionals seeking to discover, connect, and compete in highly complex industries. Please visit www.alm.com for more information, and visit www.alm.com/events/ to learn about our upcoming events. Please follow us on Twitter at @ALMMedia.
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