Page 10 - Logistics News - September October 2022
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O P I N ION
Evolution or extinctionxtinction
E v olution or e
e about the adop
tion of e
olving t
echnology in the supply chain.
v
Learn mor
Learn more about the adoption of evolving technology in the supply chain.
By Aveshin Reddy, aveshinreddy@gmail.com
and Arno Meyer, arno.meyer1@gmail.com
tewart Brand said: “Once a new technology rolls The outdated notion that adopting technological
over you, if you’re not part of the steamroller, innovations was a once-off initiative dedicated
Syou’re part of the road.” Th e recent drive by to improving a particular element within the
organisations to promote the digitisation of supply chains supply chain is no longer valid. The supply chain
has come a little too late, with many companies facing dire manager of tomorrow must adopt technological
circumstances. The emergence of COVID-19 highlighted trends that can evolve based on the organisation’s
the importance of building supply chain robustness and requirements. Several evolving technologies have
flexibility through adopting technology. Currently, supply been implemented by organisations to prevent or
chains are facing an entirely new set of complexities that mitigate potential risks that could arise both
have arisen from global changes in the form of the war in globally and locally. Below are descriptions of some
Ukraine, increasing energy prices and, subsequently, an of the most prominent technologies used in current
increase in product prices. times.
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