Magazine Article | November 1, 2023

What New Technologies Offer The Most Promise For Improving Global Supply Chain Operations?

Source: Life Science Leader

OVER THE PAST DECADE, GLOBAL SUPPLY CHAINS HAVE ENCOUNTERED UNPRECEDENTED CHALLENGES, prompting a profound transformation. The continued evolution of digital offers a lot of promise for advancing supply chain operations by not only adapting to changing patient needs but also providing a view into the future.

The digital revolution began with creating end-to-end visibility and harnessing analytics. Looking ahead, generative AI stands poised to be pivotal in the digital transformation journey. Rooted in data understanding and leveraging the capabilities of large language models, it empowers supply chain monitoring with a probabilistic approach. This innovation has the potential to be a game-changer, albeit one that necessitates a fundamental shift in organizational culture and mindset to drive widespread adoption.

ANU HANS is vice president, strategic initiatives at Johnson & Johnson Innovative Medicine.