Technology Magazine for Logistics | Logistics Tech Outlook
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Dec - Jan 20216 logisticstechoutlook.comLinda James Managing Editoreditor@logisticstechoutlook.comThis year, COVID-19 has turned supply chains upside down, with significant disruptions in the industry, especially when it comes to forecasting the right amount of inventory to meet demand in uncertain times. While some countries worldwide are reopening their economies, massive uncertainty still persists about how much activity will ramp up. Several supply chain solution/service providers are defining scenarios to predict how markets will recover post-lockdown, focusing on accelerating competitiveness in the recovery curve while also building in risk-mitigation strategies in case of a second wave. To cope with the present scenario, organizations need an agile, robust, and adaptive approach that allows the supply chain organization to sense and respond to changes in the business context as they happen.Fortunately, new supply chain technologies such as the Internet of Things (IoT), artificial intelligence, robotics, and 5G are emerging at a brisk pace, drastically improving visibility across the end-to-end supply chain solutions and services companies' ability to resist such shocks. These technologies improve collaboration, agility, and optimization to anticipate and be prepared for any possible contingencies. Further, digital supply networks (DSNs) are replacing the traditional linear supply chain model, breaking down the functional silos and allowing organizations to be connected to their complete supply network around the clock. Whether it is a "black swan" event like COVID-19, trade war among countries, regulatory change, labor dispute, a sudden surge in demand, or supplier bankruptcy, organizations that deploy DSNs will be ready to deal with the unexpected.In this edition of Logistics Tech Outlook, we are including some of the players that are transforming the supply chain industry with innovative solutions.Let us know your thoughts!EditorialManaging Unexpected Risk and Disruptions DEC - JAN 2021, Volume 06 - Issue 12 ( ISSN 2644-2515 ) Published by ValleyMedia, Inc. To subscribe to Logistics Tech OutlookVisit www.logisticstechoutlook.com Managing EditorLinda JamesEditorial StaffAaron PierceAva Garcia Jade Ray Joshua ParkerSarah FernandesDean WinchesterVisualizerJohn Waltersales@logisticstechoutlook.comeditor@logisticstechoutlook.commarketing@logisticstechoutlook.comEmail:SalesJessica Stanleyjessica@logisticstechoutlook.com*Some of the Insights are based on the interviews with respective CIOs and CXOs to our editorial staffCopyright © 2020 ValleyMedia, Inc. All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher thereof.
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