Digital Technologies are the Backbone of Next-Gen Supply Chains

 

Next-gen supply chains are undergoing are revolutionizing as they pivot toward a digital future. Gurumurthi Ravishankar, a Supply Chain Expert at the University of Colorado, Boulder, sheds light on the pivotal digital technologies driving this transformation. In a rapidly changing business environment, these insights are particularly valuable for companies looking to adapt and thrive.

Ravishankar addresses the challenges of modernizing supply chains and digital technologies’ crucial role in this process. He touches upon the necessity for supply chains to become faster, more flexible, and more efficient through digitalization. The video explores critical aspects such as product tracking, transport modes, real-time data, and inventory management. Ravishankar emphasizes the shift from traditional methods to digital strategies, highlighting the importance of integrated data systems from suppliers to customers.

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