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05 February 2025 / Quick Take
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Copy LinkGlobal supply chains are facing increasing pressure from a confluence of uncertainties, including economic volatility, environmental disruptions, geopolitical tensions, and rapid technological advancements. This trend, evident in recent years, is expected to intensify, demanding greater resilience from businesses worldwide. As Indian companies strive for growth, building robust and adaptable supply chains has become paramount.
Global political uncertainty and concern over intensified trade wars are creating a sense of urgency among Indian C-Suite executives about the resilience of their supply chains. They anticipate that using digital technology and AI will significantly enhance supply chain performance and mitigate the risk of disruptions. By leveraging AI technologies, companies can build more agile, resilient, and cost-effective supply chains.
A significant majority (54.9%) of polled Indian C-Suite executives deem the use of digital technology and AI crucial for effective performance tracking. Moreover, approximately 35% of them recognize the need to adapt their supply chains to enhance resilience against disruptions.
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