TOP COMPANIES : IBM | Oracle | Microsoft

AI and ML-based analytics is now used to mitigate risk and ensure continuity through global supply chain disruptions . Powerful solutions such as digital twins enable organisations to provide deeper insight for faster , better decisions around supply chain operations , enabling organisations to identify inefficiencies and make improvements .

A digital twin is a virtual supply chain replica that represents assets , warehouses , logistics and material flows , as well as inventory positions . It can stress-test potential operational and financial risks and impacts created by major market disruptions , disasters , or other catastrophic events .

TOP COMPANIES : Intel | Nokia | Vodafone

5G tech provides faster , more reliable connectivity , enabling organisations to improve communication and collaboration across the supply chain The use of 5G in supply chain operations helps provide visibility . Today , smart sensors can be used to collect and analyse supply chain data in near real time . Because of 5G ’ s potential to support mobile devices at scale , it ’ s possible to track a company ’ s entire supply chain with greater accuracy .

30 January 2024