The past 12 months has tested the worlds’ supply chains, exposing critical vulnerabilities and the painful truth that many companies have limited visibility of their supply chains, while only a small number have visibility into production.
IBM have written about how operational resilience is built on data and supply chains need to move beyond visibility to predict and rapidly act on data. Their article explains that this requires a platform for information sharing across organisational boundaries, creating supply chains that are dynamic, responsive and interconnected.
IBM have also highlighted that digital resilience comes from Smarter Supply Chains; systems based on exponential technologies that can help organisations build smarter supply chains and increase digital resilience. Smarter supply chains leveraging the power of AI and other emerging technologies help companies maintain business continuity amid disruption and uncertainty.
Read more about this on their website.