Sometimes, the best way to understand how a system works is to observe how it breaks. The inner workings of the UK’s supply chains are currently on full display: a shortage of heavy-goods vehicle drivers has triggered queues at petrol pumps, while rising fuel prices have sparked a CO2 shortage that threatens the country’s food supply. This, experts warn, is a sign of things to come, as international supply chains are increasingly vulnerable to disruption by geopolitics and climate change. Technology, from AI to blockchain, can help companies understand and diversify their supply chains, but not without collaboration across organisational and national borders.
Read more: https://techmonitor.ai/leadership/strategy/can-digital-technology-prevent-supply-chain-disruptions
Keywords: blockchain • digital twin • supply chain • supply chain management • supply chain visibility • transparency-one