Supply Chain 4.0: Key Benefits and Industry Use Cases

The traditional supply chain can be outlined as a linear model that is useful in a predictable and consistent environment. However, the uncertain times we are currently experiencing requires the adoption of a new supply chain model that allows organisations to be more responsive and agile to survive and lead the market. Supply chain 4.0 is the application of the Intelligence of Things, big data combined with data science, digital connectivity and many other smart technologies brought by the fourth industrial revolution.