1、Trends&Insights Report:InnovationTrends&Insights Report:Innovation|1Report IntroductionInnovation is a business imperative right now.Though the term may immediately bring up thoughts of AI and robots,innovation goes far beyond whats in the headlines.Innovation touches every aspect of an organization

2、,spanning finance,IT,product,sales,marketing,and much more.Innovation is integral for supply chain-based companies to gain market share,diversify their offerings,create resilience,win customer loyalty,improve brand recognition,and boost profitability.However,many challenges stand in the way,from sup

3、ply chain disruption to employee resistance,ineffective strategy,consumer demands,and talent shortages.In this report,we explore current drivers of innovation,what our team is seeing throughout the industry,and keys to achieving innovation success.Trends&Insights Report:Innovation|2Innovation Overvi

4、ew and TrendsInnovation is especially crucial for todays supply chains as businesses deal with disruption that threatens to derail growth.Workforce,climate change,public health,shortages,and international issues are leading companies to tap into innovation in recent years more than ever.In fact,rese

5、arch found 67%of CEOs plan on increasing investments in disruption detection and innovation processes.1Keep reading for the challenges impacting supply chain organizations and how companies are turning to innovation to fill the gaps left behind.SECTION 1Trends&Insights Report:Innovation|3Lets explor

6、e the major triggers of supply chain transformation in recent years.COVID-19 PandemicFrom staffing shortages to logistical challenges and demand fluctuations,there isnt an aspect of the supply chain that hasnt been impacted by the pandemic.In one survey,72%of senior-level supply chain executives sai