Technology Combats Supply Chain Disruptions
- Resource Type
- RTM Publication
- Publish Date
- 08/19/2024
- Author
- Renee Stern
- Topics
- Innovation, Internet of Things (IoT), Artificial Intellegence
- Associated Event
- Publication
The COVID-19 pandemic exposed vulnerabilities in global supply chains, which have continued to face disruptions from geopolitical conflicts, natural disasters, and infrastructure failures. Strengthening these supply chains has become a priority for businesses and governments worldwide. Technology, including AI, blockchain, and IoT, plays a crucial role in enhancing supply chain resilience. These tools enable faster, data-driven responses to disruptions and help predict and mitigate future risks. However, the increased reliance on digital technology also heightens the risk of cyberattacks, making cybersecurity a critical concern. Ultimately, resilience in supply chains hinges on the ability to adapt and recover from any disruption.