Supply Chain Council of European Union | Scceu.org
Supply Chain Risk

Global supply chains threatened by DNS attacks

Local, regional, and global value chains are experiencing profound changes in light of Covid-19. The emergence of the global pandemic has created unprecedented consequences for manufacturers and supply chains, including a decline in demand for non-essential goods, demand surges for essential goods, shifting consumer preferences, as well as temporary shut-downs. While an investment in IoT has helped some corporations weather the crisis, it has also exposed them to higher risk of cyberattacks.

The benefits of Industry 4.0

IoT-based services and applications have created a surge in the digitization of production and manufacturing. This trend is largely referred to as Industry 4.0; it is the ongoing transformation of traditional manufacturing and industrial practices combined with the newest smart technology, with the aim of improving processes and ultimately reducing the need for human interaction at each stage of production. It can do with by leveraging increased automation, machine-to-machine communication and internet of things (IoT) deployments.

Related posts

2019 Review – 12 Events That Shaped Global Supply Chains

scceu

Pressure mounting on World Rugby to deliver findings of investigation into Fiji Rugby Union chair Francis Kean

scceu

Wanted: New head of WTO. Must thrive under global pressure and conflict

scceu

Leave a Comment