Managing Supply Chain Risk with Technology

Running head: Supply Chain Management Risk 1
Supply Chain - Managing Risk with Technology
Students’ Name
University
Course
Date

Supply Chain Management Risk 2
Abstract
The workshop report is handling aligning business strategies with supply chain operations, how
is essential. The perfect implementation is a result of risk reduction, thus proving the smooth
running of business activities. Technology is the leading business strategies which are discussed
at different levels. These areas include benefits, barriers, current trends and Technology is used
to reduce risk.
Through implementing these strategies, the business attains a competitive advantage in the
market by having a large market share and reduced risk. Risk mitigation process is essential as
described. Easy understanding of the methods confirms provided in the Appendix section, at the
end of the paper.

Supply Chain Management Risk 3
Table of Contents
Abstract..........................................................................................................................................2
Topic................................................................................................................................................3
Introduction....................................................................................................................................4
Analysis of Technology in the supply chain................................................................................5
Sophisticated Supply Chain through Technology Application..............................................5
Increased efficiency in supply chain.........................................................................................5
Improved supply chain integration software...........................................................................6
The benefit of Technology.............................................................................................................6
Electronic commerce..................................................................................................................7
Security control strategies.........................................................................................................7
System support...........................................................................................................................7
Barriers of Technology..................................................................................................................8
Current trends in supply chain technologies...............................................................................9
Artificial Intelligence (A.I.).......................................................................................................9
Digital supply chain twin...........................................................................................................9
Blockchain...................................................................................................................................9
IoT – Advanced analytics..........................................................................................................9
Technology and risk aversion in supply chain..........................................................................10
Conclusion....................................................................................................................................10

Supply Chain Management Risk 4
Reference......................................................................................................................................11
APPENDIX...................................................................................................................................13