New research finds that clients in 2023 are struggling to rationalize the (involuntary) investments they’ve been making in their supply chains over the past two years. The findings also conclude that the focus is on learning to integrate and manage the many interconnected components. Political and economic headwinds clients face in 2023 further complicate the challenge of rationalizing investments. These are just a few factors that lead to clients needing help with active, constant management of all the moving components of the supply chain. The emphasis on service delivery has moved from visibility and connectivity to flexibility and end-to-end relationship management. This evolution, in turn, has injected an essential strategic element into professional services providers’ approach to supply chain, favoring those providers best able to align strategy for clients at both the macro and micro levels in supply chain management (SCM).
In Law.com Compass Pacesetter Research: Supply Chain 2023-2024, the Pacesetter Advisory Council assessed dozens of providers to arrive at twenty-three Innovators recognized for their ability to help clients navigate an increasingly complex market environment. Additionally, the research and analysis provide insights into the competitive dynamics and service delivery trends driving convergence across legal, management consulting, multi-service, and technology providers.