Supply Chain Innovation

Samuel Akinola

Abstract: This article explores the history and contemporary difficulties of supply chain technology, highlighting how, from the invention of mainframe computers to the present, it has continuously attempted to find solutions for logistical problems. The need for strong supply chain innovation has been brought to light and made more pressing by the COVID - 19 epidemic, which has forced executives to reconsider their business strategies and seize new technical opportunities. Analysis of supply chain innovation is conducted to determine how it may address sustainable practices through green supply chain management (GSCM) and enhance efficiency, flexibility, speed, and accuracy. This includes improvements made to processes as well as technical breakthroughs. But the article also highlights important drawbacks, like digital waste and the underappreciation of integrated planning procedures. The article makes the case for a change in focus from cost minimization to profit enhancement as supply chains become more crucial to e - commerce and international business operations. It does this by promoting sophisticated planning tools and improved supply chain visibility.

Keywords: Supply Chain, Technology, Innovation, COVID - 19 Pandemic, E - commerce, Green Supply Chain Management (GSCM), Process Innovation, Digital Waste, Business Models