Events of recent years have exposed vulnerabilities within companies and entire industries in the wake of major supply chain disruptions globally. There has been a long-time focus in supply chain management on increasing the redundancy of supply chain operations to create a more resilient organization, one better capable of withstanding costly disruptions.

The fact is, with Industry 4.0 Smart Manufacturing technologies, a reduction in redundancy can actually lead to improved visibility, a significant increase in agility, and the resilience companies need to face the unpredictable conditions of today that are threatening to undermine supply chains more than ever.