Many supply chains are now quicker and nimbler than ever before. Technology is truly transforming supply chain capabilities. What we have labelled the ‘self-thinking supply chain’ is helping companies as diverse as Amazon and Zume Pizza to engage in ‘anticipatory shipping’ where product is moved closer to likely customer demand.
Yet todays supply chains are also becoming increasingly complex due to the many interdependencies among supply chain partners. Many too are stretched over long distances connecting suppliers, producers and consumers across multiple geographies.
These capabilities though bring challenges. In our connected world problems in one region can quickly spread downstream and hit customer supplies many thousands of miles away.