Overview

Numerous crises in recent years have severely disrupted the supply chains and hence, a resilient supply chain ecosystem transformation has become imperative pushing the organizations to adopt supply chain automation. The recent global shocks including the pandemic crisis, perpetual geopolitical unrest and the threat posed by global warming have exposed the necessity for robust and risk-proof supply chain operations.

The analysis discusses the top four scenarios that have triggered the need for supply chain automation along with strategies that businesses might use to handle unanticipated crises in the future. These notable scenarios are:

• Geopolitical Risks
• Unforeseen Crisis
• Climate Change
• Dynamic Supply Chain Models

In order to mitigate the above-mentioned potential threats, organizations are exploring appropriate application of advanced technologies such as AI/ML for predictive intelligence, IoT for real-time monitoring, blockchain to ensure security and transparency, edge computing for quick data transmission and digital twin technology for supply chain pattern simulations.

The study also covers novel business models that are emerging to ensure efficient supply chain for businesses such as cold chain-as-a-service, nearshoring services, supply chain automation solutions, and technology providers offering integration services.

• How can your team capitalize on the paradigm shift that is being driven by the need for economic resilience?
• How will changing consumer preferences and environmental factors impact growth?
• How should businesses invest in technological integration to create an efficient supply chain ecosystem for exponential growth?