Building resilient supply chains: A MIT Technology Review article

Businesses with complex global supply chains must prioritize resilience to meet customer needs despite disruptions. This article from MIT Technology Review explores how leading companies are leveraging technology to increase supply chain visibility, agility, and reliability.

Key article takeaways:

• Resilience is crucial for companies based on the events of the last five years.
• Companies like Nutrien are utilizing cloud technology and AI/ML capabilities to collect operational data and gain real-time visibility across their multi-national supply chains.
• End-to-end visibility enables navigating seasonal demands, manufacturing constraints, and ensuring product availability despite challenges.
• Modernizing supply chains provides competitive advantages across industries - from pharmaceuticals improving product tracking to retailers scaling for demand spikes cost-effectively.
• Data aggregation, cloud migration, fleet optimization and other digital transformation initiatives are critical for building fast, sustainable supply chain resilience.

The article makes a clear case that prioritizing investment in technologies like cloud, AI/ML and data integration is crucial for supply chain leaders to remain agile and meet customer needs in the face of both internal and external disruptions. You can download the full article here after a quick registration.