Advancing national security and economic prosperity through resilient and technology-driven supply chains
Department of Supply Chain and Management Science, University of West Georgia, USA.
Review Article
World Journal of Advanced Research and Reviews, 2024, 24(03), 483–500
Publication history:
Received on 26 October 2024; revised on 04 December 2024; accepted on 06 December 2024
Abstract:
In today’s globally interconnected world, resilient and technology-driven supply chains are pivotal to ensuring national security, economic stability, and competitive growth. The complexities of modern trade, coupled with geopolitical tensions, natural disasters, and cybersecurity threats, have exposed vulnerabilities in traditional supply chain systems. These disruptions not only threaten critical infrastructure but also undermine economic prosperity by increasing costs and reducing efficiency. Advanced technologies such as blockchain, artificial intelligence (AI), and the Internet of Things (IoT) offer transformative solutions to these challenges. Blockchain enhances transparency and security by providing immutable records of transactions, ensuring accountability across supply chain networks. AI optimizes operations through predictive analytics, improving demand forecasting, inventory management, and risk assessment. Meanwhile, IoT enables real-time monitoring, allowing stakeholders to track assets, environmental conditions, and logistics with unprecedented precision. Together, these technologies empower supply chains to adapt dynamically, fostering resilience against disruptions. Beyond operational improvements, technology-driven supply chains hold strategic importance for national security. Secure and transparent supply chains mitigate risks associated with critical resources, such as semiconductors and energy, while fostering domestic manufacturing capabilities. Economically, these innovations enhance efficiency, create jobs, and enable businesses to remain globally competitive. This paper explores the intersection of technology and supply chain resilience, highlighting their contributions to national security, economic prosperity, and sustainable development. It emphasizes the need for robust policy frameworks, interdisciplinary collaboration, and scalable solutions to ensure the future of secure and efficient global trade systems.
Keywords:
Supply Chain Resilience; Blockchain; Artificial Intelligence (AI); Internet of Things (IoT); National Security; Economic Prosperity
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Copyright information:
Copyright © 2024 Author(s) retain the copyright of this article. This article is published under the terms of the Creative Commons Attribution Liscense 4.0