14 Ways Companies Can Minimize Supply Chain Disruptions Using Technology
December 10, 2021
Global supply chain issues are making headlines these days. Consumers were advised to begin their holiday shopping early because of inventory shortages and shipping delays, and more and more shoppers are reporting minimally filled or even bare shelves in retail stores. Businesses are feeling the pain of supply chain disruptions as well, facing everything from difficulty obtaining needed supplies to being unable to fulfill customer orders as quickly as they have in the past.
While there are many factors contributing to supply chain disruptions that are beyond a company’s control, businesses are not wholly powerless. With the right technology tools, companies can better stock up on popular products ahead of demand, predict slowdowns and even manufacture needed parts in-house. Below, 14 members of Forbes Technology Council share ways companies can leverage technology to minimize supply chain disruptions for themselves and the customers they serve.