The collapse of supply chains has now reached global proportions. Whether it’s chips or semiconductors, flour or oil, there are shortages everywhere that require decisive countermeasures.
Behind a final supply chain from the supplier to the buyer are numerous other supply chains. This means that if just one of these chains collapses, the entire process comes to a standstill. The resulting sensitivity extends from the mining of raw materials to the procurement of materials and includes all logistical uncertainties (closure of ports, lack of transport options due to staff shortages, etc.). Last but not least, social and ethical aspects, e.g. child labour in the recycling of electronic waste or working conditions in the mining of raw materials, also play a role and must be taken into account in accordance with the Supply Chain Act.
As part of the research project PAIRS , an AI-supported solution “Supply Chain Radar” is being developed with which companies can detect external crisis events within their value network earlier and manage them more effectively.