If the pandemic has taught us anything, trust in the supply or value chain is an underrated yet significantly impactful trait. The world has faced days of extreme turmoil due to disrupted supply chains. Our findings show that there has been a major shift in global supply chain strategy as redundancy, transparency, and resilience are deemed more important than speed and efficiency. At least 54% of senior executives surveyed say organizations must make significant changes to manage supply chain disruptions in the next five years effectively.
Web 3.0 can significantly address the issues of the global supply chain. Let’s understand how.