Urbanization and the supply chain process

The global trading landscape changes rapidly and impacts many businesses managing supply chain. Having an early understanding of risk is critical to minimizing disruption as early isolation of risk is more cost effective than allowing the issue to develop or reacting to crisis. In turn how quickly we respond measures our resilience as was demonstrated in the pandemic.

Ensuring the ecosystem is working without interruption relies on proactive management: IOT, blockchain technology and urban infrastructure working together. Through automation and connected systems we can mitigate failed links in the chain.

These considerations include:

• supply chain and its structure
• inventory control and policy
• information sharing and customer demand
• forecasting method and lead times.

In the urban context this also means dealing with environmental aspects, congestion and density, population increases, economic fluctuations as well as construction materials and labor. These are all impacted by the flow of our ecosystem.

Supply chain performance is improved by selecting the right parameters for these factors. Coupled with smart energy, buildings, mobility through to the right healthcare and lifestyle provision. The supply chain that is a seamless combination of vendors, adopters and their products is one that is proactive, and resilient.