With respect to the current scenario, there are 5 themes that have emerged when discussing Supply chain of today and tomorrow:

1) Balancing Priorities of Today with Challenges of Tomorrow.

2) Redesign Supply Chain to React and Adapt.

3) More Visibility across Supply Chain.

4) Collaboration Driven Success.

5) Monitoring of Product and Services role in Supply Chain.

The COVID pandemic has revealed weaknesses in global supply chains and the need for a “crisis proof” supply chain, which is one that can react and adapt, since as per this report, COVID-19 is mainly viewed as a catalyst for automation and technology, rather than a disruptor. Some of the key benefits include increased flexibility of supply chain with less human touchpoints, shorter lead time for products to reach consumers, increase visibility of overall supply chain and the ability to react quicker in the face of adversity. Smart technology enables flexibility and bolsters the effectiveness and speed of BCP plans serving customers. These technologies allow companies to move more quickly to adjust output when we face disruptions in supply chain or operations.

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