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The supply chain refers to the interconnected network of steps involved in the production and distribution of goods or services, starting from raw material sourcing to the delivery of the finished product to the end consumer. It encompasses a range of activities, including manufacturing, transportation, inventory management, order fulfillment, and retailing. The concept aims to optimize the entire process to ensure efficiency, reduce costs, and meet customer demands effectively. In today's globalized world, a supply chain can span multiple countries and involve several stakeholders, such as suppliers, manufacturers, distributors, and retailers. Technological advancements like automation, data analytics, and blockchain are increasingly being used to improve visibility and coordination among the different parties involved. However, supply chains are also vulnerable to various risks, including geopolitical issues, natural disasters, and market fluctuations, requiring sophisticated strategies for risk management and contingency planning.
Published: May 9, 2023, 8:18 a.m.
Cyberphysical systems (CPS) are transforming the way we interact with the physical world by integrating computational and physical capabilities. CPS include a heterogeneous network of entities that collaborate to … Read More
Published: May 16, 2023, 8:01 a.m.
The Industrial Internet of Things (IIoT) is transforming production facilities, energy systems, and other industrial environments by interconnecting critical infrastructure through intelligent, networked devices. This digital transformation enables unprecedented … Read More
Published: June 13, 2023, 9:19 a.m.
The Internet of Things (IoT) has rapidly emerged as one of the most transformative technological innovations of recent times. However, as IoT devices proliferate, serious security concerns have arisen … Read More
Published: June 27, 2023, 6:37 a.m.
In recent times, extensive research has been conducted to investigate how the innovative blockchain technology can provide much-needed enhancements in security and trustworthiness for industrial Internet of Things … Read More
Published: July 3, 2023, 8:40 a.m.
We're now into Q3 2023 and the themes of our cybersecurity year have shown themselves. In the dynamic realm of cybersecurity, understanding the trends and challenges is more than … Read More
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