CTE Report: The future of global supply chains

Conclusion

Tech Topic 4: AI and emerging technologies

In a world where a business’s customers, workforce, expertise and finance can be spread across many countries, reliable supply chains with truly global reach are vital to success. Innovations such as IoT, AI, the 5G standard and cloud technologies can help companies improve the transparency of their global logistics operations, make their processes more efficient and so achieve significant competitive advantage. The challenge is to innovate while keeping networks and customer data secure and operations in line with the laws and regulations of every operating region.

Start by choosing a technology partner that can help your business secure the benefits of the manufacturing advantages of the China / APAC region while overcoming some of the region’s technical challenges. China Telecom (Europe) is available as a one-stop shop for global IT services. As a leading telecommunications provider, China Telecom Europe is your digital silk road between Europe and the markets and factories of China and Asia Pacific. We are an expert partner in the APAC region for your digital transformation projects, wherever and whenever you need telecom infrastructure and technology services. Our experience of serving over 160 million 5G customers will underpin your success, and our European-based customer service teams are ready to support you.

The growth of global supply chains is exacerbating the already-complex interconnection between physical flows of goods and external influences, such as the Covid 19 pandemic or market fluctuations, and so making management significantly more difficult. That’s put the construction and maintenance of robust supply chains right at the top of the task list for successful businesses. Emerging technologies such as Artificial Intelligence (AI) and Machine Learning have an important role to play in addressing these challenges, as they offer entirely new opportunities:

• Learning and predicting to plan every step of the supply chain

The introduction of AI and ML-based solutions is still expensive, the barriers to success are very high, and reliable partners who can fully support the process are invaluable. According to a study by McKinsey, over 60% of recent AI introduction projects ran over time or over budget.16 Look for a partner with a proven record in successfully implementing such innovative new technologies and achieving the desired corporate goals. • Enabling data-based decision-making in the face of unexpected developments and unpredictable times.

How can your business succeed?

9 Introduce IoT, cloud, 5G and AI technology to provide the necessary end-to-end view of supply chains, add efficiencies at every stage, and develop a clear competitive advantage. 9 Work with trustworthy partners, who have technical and regional expertise, to build an IT infrastructure that is robust and reliable, resilient to security risks and adaptable to business needs as they evolve.

• Automating basic document and data processing

• Powering robotics for use in production, warehousing and transport

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