Adoption of Digital Technologies to Power the Global Supply Chain

The constraints created by the COVID-19 pandemic are forcing manufacturers, suppliers and distributors across the world to revisit their global supply chain strategies and accelerate the adoption of digital technologies, says GlobalData, a leading data analytics company. “Increasing labor shortages, forced closure of factories, disruptions in delivery routes and logistics hubs due to lockdowns, along with evolving customer behavior are the major factors driving companies to deploy digital technologies. Technologies that will have the maximum impact include Artificial Intelligence (AI), Big Data, Blockchain, Digital Twins and Robotics,” Manish Dixit, Principal Disruptive Tech Analyst at GlobalData, comments. GlobalData's Disruptor Database, which analyses and showcases real-world examples of vital use cases across disruptive technologies, reveals companies are leveraging digital technologies in the supply chain to create new disruptive product offerings, services and business models.