The Business Times: Manoeuvre with greater agility

THIS WEEK’S TOPIC: What lessons can be drawn from the ongoing supply chain problems around the world

Jonathan E Savoir
CEO and Co-Founder
Quincus

COUNTLESS supply chains around the world have been crippled due to obsolete systems. As supply chain complications – from rising freight charges to material shortages – continue to disrupt industries worldwide, there are three factors that companies can consider for a more sustainable supply chain: digitalisation, visibility, and optimisation. Innovative technologies such as artificial intelligence and big data provide end-to-end transparency and optimisation across the supply chain. Access to real-time insights of on-the-ground activities allows companies to execute better remedial actions while making strategic decisions to optimise operational efficiency.

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