According to Supply Chain, Covid is forcing industry leaders to rethink how the current supply chain works. 

One hot topic that has arisen during the COVID-19 pandemic is the importance of rethinking current supply chains and the benefits enabled by both their digitalization and the use of virtual inventories. The combination of additive manufacturing (AM) and digitization will likely encourage industries to rethink their approach to supply chain

According to Port Technology, the Port of Antwerp is working to create solutions to global supply chain challenges. 

In a statement, the port said it will join with 36 partners to look for ways to “enable seamless transport of goods” and will focus particularly on the operational opportunities offered by Industry 4.0, hyperloop and autonomous vehicles. 

According to Pitch Book, pressures on the supply chain are causing industry experts to make investments in the supply chain. 

The rise of the digital economy is putting new pressure on the traditional global supply chain. Businesses are demanding better visibility across delivery and supply channels, quicker shipping capabilities and the ability to source products on-demand to reflect real-time conditions at the consumer level.