AI and smart manufacturing come to the fore as multinationals face cost hikes: StanChart
· Source: scmp.com
In short
Three in five multinational companies expect cost increases of 5-14% in the next three to five years due to geopolitical uncertainties, spurring adoption of AI and smart manufacturing to offset financial pressure. A Standard Chartered survey of 1,200 C-suite executives found that technological innovations are now as important as economic growth patterns when formulating global supply chain strategies. The demand is particularly strong from clients seeking to evolve their global trade ecosystems and accelerate smart manufacturing adoption.
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In the issue of week 39, 2025: Agentic AI Drives Supply Chain Autonomy, Cutting Costs and Boosting Throughput
Tags: manufacturing, supply-chain, automation, cost-optimization, trade, efficiency