Technology is vastly changing the supply chain landscape. For many years, the supply chain industry has had a pivotal impact on the growth of many other industries such as manufacturing and retail just to name a few. Today, it’s a huge task for supply chain managers to not only keep up with changing technologies but also find new ways to improve operational efficiency and make sure their processes run smoothly.

The fusion of automation and artificial intelligence (AI) is set to be a critical driving force behind the enhancement of efficiency and the optimization of supply chain management protocols. Furthermore, there will be an intensified focus on integrating sustainability principles and ethical concerns, propelled by the growing global awareness and consciousness surrounding sustainability.

Companies are becoming more aware of the importance of resilience and flexibility and the need to build strong and adaptable supply chain architectures. These frameworks ought to be able to withstand interruptions and proactively reduce risks. This calls for the application of cutting-edge technologies and strategic methods that not only guarantee the business continuity of corporate operations but also prove their efficacy in emergencies like the recent COVID-19 pandemic and related lockdowns.

But as an industry as a whole, how prepared is the sector to embrace these technological advancements?