Manufacturing Digital Magazine December 2024 | Page 103

SUPPLY CHAIN MANAGEMENT
Digital tools , such as real -time data analytics , predictive modelling and IoT are already transforming how companies anticipate and mitigate potential disruptions .
The ability to adapt swiftly , respond effectively and recover rapidly from disruptions that do arise is what defines a resilient supply chain . As risks evolve , so too must the strategies employed to manage them .
The era of disruption David Petrucci , Managing Director at global consulting firm Protiviti and leader of its Global Supply Chain and Operations practice , is knowledgeable about the disruptions which have hit businesses hard in recent years .
“ In the wake of the COVID crisis , business seemed poised for strong and enduring recovery ,” he explains . “ A portion of that apparent recovery was due to pent-up demand and deferred investment and , as such , that
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