Disruptive technologies have the power to upend supply chains, adding uncertainty, cost, and complexity. They also can create competitive advantage—but only if organizations strategically build them into their supply chains.
Its size and relative wealth make Russia an important market. But the long distances and limited infrastructure that create significant supply chain challenges have been compounded in recent years by economic upheaval. The crisis has scared off some international players. Others see it as an opportunity.
Supply chain innovation is not just a matter of coming up with great ideas; you also have to convert them to sustainable, practical applications. Following a disciplined process such as the one outlined in this article will result in less wasted effort and more frequent success.
Supply chain organizations should work with governments and nonprofit groups to feed the world, heal the sick, save the planet, and make money too, says a new report from the research group SCM World and the Bill & Melinda Gates Foundation.