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The Connected Supply Chain: Enhancing Risk Management in a Changing World

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Author(s): Dr. Agustina Calatayud, Transport Sr Specialist, Transport Division, Inter-American Development Bank, Washington, USA

As supply chains become more global and interconnected, their exposure to risk increases. Higher demand volatility, unprecedented technologocial changes, and supply chain speed intensify risk exposure. In this context, academics and practitioners often suggest that supply chain have not been as exposed to risks as they are now since the end of WWII. 

Of the many diverse challenges that supply chain management faces today, the most compelling one is the new technology revolution, with breakthroughs in several fields, such as artificial intelligence, robotics, the Internet-of-Things (IOT), autonomous vehicles and 3D printing among others.  

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