Over the last few years, COVID-19, extreme weather events and shifting geopolitical landscape have underscored the vulnerability of supply chains to disruptions. While the COVID-19 pandemic event disrupted supply chains, and just when everyone thought that this was a black swan event, it was rapidly followed by the Suez-canal issue, Ukraine war and Red-sea troubles. These events led to wide gaps in demand-supply mechanics resulting in widespread shortages across staples, food products, industrial machinery, electronics, energy etc. impacting availability, prices, delays etc. creating proverbial supply chain nightmare
The thought leadership highlights importance of building resilient supply chains and how digital can be leveraged for the same. It talks about a structured approach that an organisation can take to build supply chain resilience, how digital technologies such as digital twins, generative AI and supply chain control tower can be leveraged and how one can get started with its journey to build supply chain resilience.
