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Establish Supply Chains Control Tower for Better Visibility

A supply chain is only as strong as its weakest link, which makes it a complex mesh of various components consisting of several internal and external layers. In the post-pandemic world, new priorities for supply chain technology leaders have emerged, such as applying lean principles, utilizing machine learning and artificial intelligence for real-time forecasting and problem-solving, and leveraging Industry 4.0 and IoT to create a more responsive supply chain.

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The smart usage of IoT can make supply chains more responsive and efficient by providing real-time data and insights. Predictive technologies like data analytics can convert vast amounts of data into valuable insights that enable faster decision-making and an enhanced customer experience. By applying the principles of Industry 4.0, supply chain technology leaders can create a smarter and more agile supply chain that can adapt quickly to changing circumstances.

"It is high time we started applying the principles of Industry 4.0. This will not only help in faster decision-making but also provide a great customer experience," said Sanjay Saini, former senior director of supply chain at Johnson & Johnson.

In this video interview with Information Security Media Group, Saini discusses:

• Need for identifying the weakest supply chain links;
• Application of AI/ML to automate problem escalation and forecasting demands;
• Working with CIOs and CISOs to fix the imminent supply chain cybersecurity challenges.

Saini is a C-suite, end-to-end supply chain leader with more than 25 years of experience in consumer goods, pharmaceuticals, medical devices and vision care. He has led transformational change in growth and turnaround situations to build robust, flexible and agile supply chains to achieve a competitive advantage for the organization.