How Does Technology Play a Role in Mitigating Supply Chain Risks?
Advanced technologies like blockchain and AI can significantly enhance supply chain resilience. Blockchain can offer transparency and traceability, ensuring that all stakeholders are aware of the status of materials and components. AI can help in predictive analysis, identifying potential disruptions before they occur and suggesting alternative courses of action. These technologies can make the supply chain more robust and less susceptible to unforeseen disruptions.
