SupplyChain Magazine December 2020 | Page 64

TECHNOLOGY

Taking a look into the technology outlook across global supply chain networks in the year to come ; from AI to RPA , 2021 is set for transformation

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If you were at a party , did you know that the supply chain would be the life and soul of it ? The drink , the food , your clothes , shoes , the furnishings , the music – each and every part of the experience has , at one time or another , travelled along a web of sophisticated supply chains to be there .

One thing should be clear : since the dawn of trade , supply chains have been crucial not just to the party but to the survival of humankind , and we need them now , more than ever before .
In times of crises , as we have experienced in 2020 , courtesy of the COVID-19 pandemic , the traditionally robust and stalwart supply chains of yesteryear struggled – that stark reality pushed forth a new agenda . The endorsement that industry-leaders and multinational corporations invest in technology to digitally-transform and enhance their global networks , creating more agile and resilient systems .
Companies all over the globe heard this call and have , as a result , got to work on innovating new solutions , strategies and systems to alleviate the strains of a modern , highly volatile world , on our supply chains .
DECEMBER 2020