WiseTech Global Report Reveals Supply Chain Leaders Prioritize Tech Investment and Cost Control Amid Ongoing Volatility
WiseTech Global Ltd. has released a new industry analysis highlighting major shifts in global supply chain management. The report, based on a survey of over 450 senior supply chain professionals, finds that volatility-driven by geopolitical tensions, policy changes, labor shortages, and inflation-is now the baseline for the sector. Amid persistent cost pressures, executives are prioritizing digital transformation, with nine out of ten companies planning to implement new technology tools within the next 18 months. However, widespread fragmentation and data silos remain barriers to efficiency. The analysis identifies the integration of Transport Management Systems (TMS), warehouse digitization, automation of documentation, and the adoption of AI as key strategies for building leaner, more resilient supply chains. Cost control has also emerged as the top industry priority, surpassing resilience and sustainability. The report calls for decisive action in simplifying system architectures and embedding digital solutions to meet the demands of the evolving global trade landscape.
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