Resilience in supply chains: How technology is helping USA companies navigate disruptions
1 Department of Business Administration, Nasarawa State University, Keffi. Nasarawa State. Nigeria.
2 Department of Business, North Carolina State University, CGMA.
3 Department of Communications, University of North Dakota, Grand Folks, USA.
4 Department of Human Resource, Secretary to the Commission, National Broadcasting Commission Headquarters, Aso-Villa, Abuja, Nigeria.
5 School of Management, Yale University, New Haven, CT, United State of America.
Review Article
Magna Scientia Advanced Research and Reviews, 2024, 11(02), 261–277
Publication history:
Received on 12 June 2024; revised on 30 July 2024; accepted on 01 August 2024
Abstract:
In recent years, supply chain resilience has emerged as a critical focus for companies worldwide, particularly in the USA, as they face increasing disruptions from various sources such as natural disasters, geopolitical tensions, and pandemics. This review paper explores how technological advancements are equipping American businesses with the tools needed to enhance the robustness and flexibility of their supply chains. Key technologies such as Artificial Intelligence (AI), blockchain, the Internet of Things (IoT), and advanced analytics are examined for their roles in predicting disruptions, optimizing operations, and facilitating swift responses to unforeseen challenges. The paper also highlights case studies of prominent USA companies that have successfully implemented these technologies to mitigate risks and maintain operational continuity. By analyzing current trends and future prospects, this review emphasizes the importance of continuous innovation and adaptation in achieving supply chain resilience, providing valuable insights for industry stakeholders aiming to fortify their supply chains against future disruptions.
Keywords:
Supply Chain Resilience; USA Companies; Block Chain; Internet of Things (IoT); Artificial Intelligence (AI); Machine learning (ML).
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Copyright © 2024 Author(s) retain the copyright of this article. This article is published under the terms of the Creative Commons Attribution Liscense 4.0