The future is increasingly uncertain, as highlighted by the pandemic’s impact on fragile global supply chains. Since the 1960s, supply chain technology has evolved from manual systems to advanced digital networks, with the digital universe growing from 44 zettabytes in 2020 to 147 zettabytes in mid-2023. Despite this massive data influx, only about 3% is utilized, necessitating AI for effective analysis. As organizations adopt new technologies, they achieve greater integration and responsiveness, emphasizing real-time communication, intelligent optimization, and transparency in decision-making, ultimately shaping the future of supply chains.
Source: https://www.logisticsmgmt.com/article/key_characteristics_of_emerging_digital_supply_networks/