![\"\"](\"https:\/\/www.horsesforsources.com\/wp-content\/uploads\/2023\/04\/challenges-facing-enterprise-leaders-1024x577.png\")
<\/p>\nThe health of most enterprises depends on the robustness of their supply chains, and our latest Pulse study of 600 G2K orgs shows supply chain disruption is posing the second-greatest challenge to enterprise leaders after cybersecurity:<\/p>\n
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Today\u2019s enterprises grapple with unprecedented challenges, including disrupted supply from hubs like China, heightened sustainability expectations, a lack of resources, and increasing raw material and fulfillment costs. Service providers help enterprises improve inventory allocation through artificial intelligence (AI) and machine learning (ML) algorithms, optimize supplier management through dynamic supplier management systems, improve visibility by building advanced control tower solutions, and reduce people dependency by introducing automation across processes. The objective is that enterprises should be able to detect and react to \u201cchange\u201d quickly, transforming from linear to circular to eventually autonomous supply chain networks.<\/p>\n
The HFS Horizons report on supply chain services features 18 providers across three Horizons manifesting incremental business value for enterprise clients. Horizon 1 focuses on a linear supply chain driving functional optimization, followed by Horizon 2, which retains the values of Horizon 1 plus drives circular supply chains with end-to-end transformation capabilities, creating unmatched stakeholder experience with a \u201cOneOffice\u201d mindset. At the pinnacle is Horizon 3, which encapsulates all values of previous Horizons plus encompasses a networked and autonomous vision of the supply chain, driving completely new sources of value with a \u201cOneEcosystem\u201d approach.<\/p>\n
The chart below summarizes the Horizons philosophy and key underlying dynamics, showcasing the providers across the three Horizons.<\/p>\n
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Note: All providers within a Horizon are listed alphabetically<\/em><\/p>\n According to the report\u2019s lead author, Ashish Chaturvedi, \u201cThe pandemic coerced enterprises to prioritize resilience in their supply chain management and modernization programs. They are achieving this by increasing supply chain visibility, limiting human intervention, and creating multiple fallback options at a process level, such as source-to-pay (S2P). This newfound focus transcends the traditional linear, albeit constrained, supply chain management approach. Gradually, the industry is inching toward a connected, autonomous, sustainable, and collaborative supply chain paradigm.\u201d<\/span><\/p>\n Report highlights include The health of most enterprises depends on the robustness of their supply chains, and our latest Pulse study of 600…<\/p>\n","protected":false},"author":12,"featured_media":5408,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[975,938,833,954,871],"tags":[977,619,1013,739],"organization":[],"ppma_author":[1040,38,19],"class_list":["post-5407","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-hfs-horizons","category-oneecosystem","category-oneoffice","category-supply-chain","category-supply-chain-management","tag-ashish-chaturvedi","tag-phil-fersht","tag-saurabh-gupta","tag-supply-chain"],"yoast_head":"\n
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HFS subscribers can download the report here<\/a><\/h3>\n","protected":false},"excerpt":{"rendered":"