Supply chain disruptions keeping you up at night?

These technologies can help.

By Elizabeth Sturcken, Managing Director of the EDF+Business team

Supply chain disruptions are a growing challenge for businesses large and small. Trade wars, hurricanes, cyber threats, Brexit, border tensions, tainted food — what isn’t there to worry about these days?

It helps explain why business leaders across all sectors are turning to innovative technologies to regain control over their distribution channels. Hanging in the balance is their trust with customers, investors and even employees.

In the past, as we saw with that romaine lettuce scare in mid-2018, it could take up to a week to trace an E.coli problem. With blockchain, Walmart says, it can be done in in 2.2 seconds.

For example, DHL offered a leading European truck manufacturer an interactive map of its end-to-end supply chain that alerts the company of disruptions anywhere in the world, almost in real time. It helps this manufacturer plan emergency shipments and keep orders on time.

From where I sit, businesses have a compelling reason beyond potential disruption to invest in supply chain tracking solutions. Today, 48 percent of Fortune 500 companies have at least one climate or clean energy target they’re trying to meet — and for which the public, investors and customers will hold them publicly accountable.

Such technology solutions are a win-win for any company today.

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