SupplyChain Magazine October 2020 | Page 38

SUPPLY CHAIN
38 tools allow us to assess geopolitical risks , climate change risks , cyber security risks , and natural disasters . We can proactively identify alternate sources wherever possible , test and contract multiple logistics routes , and maintain the flexibility to reposition inventory across their supply chains .”
While Murphy recognises it ’ s impossible to predict exactly what the future will hold , work is already underway to build a smarter global supply chain . “ Organisations can leverage artificial intelligence ( AI ) and other technologies – such as automation , blockchain , IoT , 5G , and edge computing – to help
OCTOBER 2020