Supply Chain Stressors We're Facing In Today's World

In this episode of the Rethinking Supply Chain podcast, we talk about the differences between linear supply chains and network supply chains and how they are relevant to consumers in today’s world.John Abrams, CEO of Venzee, dives into what these supply chains typically look like in the real world, and he gives some examples of companies that have switched from a linear supply chain to network model and much more.Having invested in research projects surrounding the future of supply chain with the integration of the internet and now artificial intelligence, John has learned that despite the array of opportunities companies have to take advantage of technology, most companies still aren’t doing it. A few giants such as Amazon have been able to leverage network models to cut out the middleman when it comes to distribution, but they have largely monopolized the market, making it difficult for smaller players to do the same thing. At the end of the day, John explains, linear supply chains will go by the wayside, so now is the time to take advantage of the available technology and incorporate networks into your supply chain model.