Leverage technology
It’s no surprise that many FTSE 100 organizations are exploring how to leverage technology to prevent supply chain disruption.
This includes the deployment of cybersecurity measuresincreased use of AI in supply chain design and monitoring and deployment of algorithms to identify high-risk raw materials.
Elsewhere, several companies are conducting in-depth reviews of their suppliers’ finances and infrastructure.
Importantly, a number of FTSE 100 companies have also confirmed that supply chain risks are now being discussed at the highest levels, with executive committees and audit committees taking an active role in mitigating risks. risks.
The events of recent years have been a wake-up call for businesses around the world. For FTSE 100 companies, the message is clear: to weather future disruption and maintain profitability, investing in supply chain resilience is now an urgent priority.
By diversifying their supplier networks, leveraging technology, and elevating supply chain risks within the boardroom, these organizations are taking crucial steps to future-proof their operations.
Discover the latest edition of Digital Supply Chain and register for our global conference series – Procurement and supply chain LIVE 2025.
Digital Supply Chain is a BizClik brand.