The global pandemic has accelerated the breakdown of the longstanding global trade structure, highlighting the fault lines in the existing supply chain paradigms. The earlier paradigm was based on trade liberalization, offshoring of operations, tax-code provisions, and inventory buffering. To..

The article discusses the disruptions that businesses face in their everyday operations, from small disruptions such as machines going down or unexpected orders, to medium disruptions such as the entry of new competitors or the shutdown of a major retailer. Additionally, the article highlights the big disruptions that can have strategic and global impacts, such as natural disasters, terrorist attacks, or financial...

The use of Artificial Intelligence (AI) in the supply chain is becoming increasingly prevalent as organizations seek to improve speed and efficiency in decision-making, cycle times, operations, and continuous improvement. According to Gartner, the level of machine automation in supply chain processes is expected to double in the next five years, while global spending on IIoT Platforms is predicted to grow to $12.44B in 2024, at a compound annual growth rate...