The repercussions of Covid-19 are still echoing in the world. We are yet not over it, and have very little idea of how long it’s going to take for things to get back to normal.
The businesses suffer the most, and due to which almost everything is at stake. Business travels have descended. And the supply chain markets have faced the worst depreciation.
While it seems hard, it has become very necessary to reimagine the supply chains, 75% of companies facing disruptions.
Supply chain markets are in need of innovation. The process needs to be restructured to be able to reduce the physical work and get all possible things online. Use of the best technology available also could reduce the strain on the supply chains.
Creating multimodal logistics and warehousing that are up to date could also result in better visibility and technology enabled processes.
Even Robotics are playing a prominent role, due to it’s agile nature and quick responsive structuring, Robots undeniably have a take on the futuristic Supply Chain model.
Many more changes can be implemented to make the supply chains more sustainable and reliable.