The pandemic has sent shockwaves through global supply chains, forcing business leaders to reexamine and recalibrate their procurement and outsourcing strategies. And in the long term, there will almost certainly be a greater emphasis on supply chain resilience to better withstand future crises. Supply Chain 4.0 Meets The 5G FutureMcKinsey describes the main characteristics of what it calls Supply Chain 4.0 as faster and more efficient, flexible, granular and accurate than existing systems. Better Connectivity For IndustryIt’s clear that tighter, more responsive supply chains can provide one of the solutions for doing business in the post-Covid new normal. Now that Supply Chain 4.0 is top of mind, have you thought enough about Industry 4.0 and IIoT?

Source: Forbes October 26, 2020 17:48 UTC