What Role Does Technology Play in Addressing Supply Chain Disruptions?
Technological advancements can significantly aid in addressing supply chain disruptions:
Automation: Automated systems can streamline manufacturing processes, reduce errors, and increase production efficiency. Blockchain: Blockchain technology can improve transparency and traceability in the supply chain, enhancing trust and accountability. IoT and Sensors: Internet of Things (IoT) devices and sensors can monitor the condition and location of catalysts in real-time, providing valuable data for decision-making. Artificial Intelligence: AI algorithms can optimize supply chain operations, predict disruptions, and suggest corrective actions.
