How can technology improve supply chain resilience?
Technology plays a pivotal role in enhancing supply chain resilience through: 1. Real-Time Tracking: Implementing real-time tracking systems ensures transparency and allows for quick adjustments in response to disruptions. 2. Predictive Analytics: Predictive analytics can forecast demand and identify potential bottlenecks, enabling proactive measures. 3. Blockchain Technology: Blockchain can ensure the authenticity and traceability of medical supplies, reducing the risk of counterfeit products. 4. Automated Systems: Automation in manufacturing and logistics can speed up production and distribution processes. 5. Data Integration: Integrating data across different platforms and stakeholders improves coordination and decision-making.
