S.A.H.S. (Seyed Ashkan Hosseini Shekarabi) contributed to writing-original draft, software, data analysis, visualization, and methodology. R.K.M. (Reza Kiani Mavi) contributed to methodology, software, writing-review and editing, and supervision. F.R.M. (Flavio Romero Macau) contributed to supervision and writing-review and editing. Figure 17 reveals that the USA holds the highest overall citation count (7383), reflecting its substantial global impact. These keywords constitute more than 50 per cent (around 58 per cent) of all keywords. To familiarise with the concepts potentially encountered in this research, a comprehensive literature review was conducted to understand the significance of critical concepts.
- These disruptions can ripple across suppliers, logistics, and customer delivery, making it harder for organizations to operate efficiently.
- Testing different outcomes in advance boosts preparedness and saves time during real crises.
- Digital twin models, which replicate physical operations in real time, offer exceptional situational awareness, while edge analytics enables instantaneous data processing close to the source, reducing latency in decision-making.
- For example, in the 1940s and 1950s when the Soviet Union stopped exporting uranium, EXIM provided loans to develop foreign production capacity of this strategic resource, ensuring a source of supply for the United States.
Generative AI services
Possibilistic programming can be used to identify and mitigate potential disruptions to the supply chain by considering a range of disruptions and determining the optimal course of action that maximises the chances of success. This approach allows for the inclusion of worst-case scenarios in the optimisation process, resulting in more robust and resilient solutions. It is worth noting that possibilistic programming is closely related to fuzzy logic and fuzzy set theory, and it is often used in conjunction with other robust optimisation methods such as complete optimisation or interval optimisation.
Products and services
AI is moving beyond isolated copilots and technical architecture into coordinated operational decision systems. Manufacturers increasingly recognize that extreme efficiency can create vulnerability, fragmented supplier visibility creates risk, long global supply chains increase exposure, and operational adaptability matters more under volatility. The U.S. will gain https://californianetdaily.com/tels-global-a-reliable-partner-for-safe-cargo-transportation/ share of fab capacity in key technology segments, including leading edge logic, DRAM memory, and analog.
Improving Communication with Suppliers and Stakeholders
- Such disruptions can slow operations, lead to shortages of materials or resources, damage brand reputation or hurt profitability.
- The operation develops the capability to adapt to what the live data is telling it, not what a shift debrief reveals afterwards.
- Guidance on understanding and navigating the evolving, complex landscape of regulatory requirements to help businesses remain compliant and avoid potential disruptions.
- This lack of a comprehensive approach means that uncertainty might lead to additional costs and operational inefficiencies (Wang et al., 2024).
- Connected fleets leverage data synchronization to reduce costs across multiple areas—from maintenance and insurance to administrative work and vehicle lifecycle management.
- The main themes include climate change, conservation, challenges, agriculture, security, big data analytics, predictive analytics, and data science.
In response to continued global volatility, companies are prioritizing on-shoring and near-shoring strategies. The COVID-19 pandemic exposed the disadvantages of overconcentration and the cost-is-king mindset. Factory shutdowns in China and elsewhere abruptly halted flows of goods and critical components, resulting in shortages, stranded assets, soaring prices, and lost market share. Build the capabilities now that will carry you through uncertainty and position you for growth. Procurement contracts are no longer limited to price and delivery terms, but include explicit provisions on supply assurance, buffer inventory requirements and penalties for lack of stock.
- Geopolitical instability, supplier concentration risk, transportation disruption, semiconductor shortages, natural disasters, and labor volatility have exposed weaknesses in highly optimized global supply chains.
- The companies that are best positioned for the future are those that design supply chains that flex rather than fracture.
- Future research was recommended to employ mixed‐method approaches, combining qualitative case studies with large‐scale quantitative surveys, to validate these theoretical models in different settings.
- Consequently, there is a need to develop scalability and handle large-scale problems without excessive computational burden.
- Predictive analytics can enhance demand forecasting, reducing stockouts and excess inventory.
- Some suppliers may be reluctant to provide data due to privacy concerns or a fear of losing a competitive advantage.
True sustainability in supply chains extends beyond environmental practices to encompass financial viability and social responsibility, domains that parallel resilience but are rarely treated holistically. Unified frameworks that align economic, environmental, and social goals with adaptive resilience mechanisms are needed. Most studies pay undivided attention to analysing the ripple effect on a macro-level; however, the micro-level dynamics within individual firms are ignored. Future research can focus on designing the internal processes and decision support systems that either contribute to or mitigate the ripple effect.
The company is using AI-powered chatbots for supplier negotiations, improving contract efficiency and cost savings. Through its partnership with Pactum AI, Walmart has automated negotiations with suppliers, securing agreements with 68 percent of those approached, reducing costs by 1.5 percent, and extending payment terms. This system is now being expanded to mid-tier suppliers and transportation rate negotiations. Zurich Resilience Solutions, the risk advisory business of Zurich Insurance Group, leverages 150 years of industry experience and 75 years of risk engineering expertise to address the risk management needs of both existing and new customers. The unit offers specialized insights, tools, and solutions to help businesses tackle traditional and evolving risks, such as climate change and cybersecurity.
About The Author
