The scale and the speed, with which the pandemic unfolded, left most enterprises scrambling to streamline their supply chains to secure immediate operations. To identify the risk and respond to the disruption caused by the pandemic, enterprises can use graph technologies. Graph technologies could help businesses gain visibility into their complex, interconnected supply chains; share more information with their customers, partners, and stakeholders; meet regulatory due diligence requirements, and increased investor and consumer expectations.
Graph database technology can help enterprises gain deeper insights into existing data and the agility and flexibility needed to thrive. It could provide a collaborative platform for processing large amounts of connected data at scale and unlock business-critical information. Graph technology could provide 360-degree visibility of supply chains and supplier ecosystem, which would help enterprises anticipate how production will be impacted, mitigate supply shock, and manage demand volatility during a black swan event.
Moreover, using graph database technology, enterprises can uncover the relationships among data that they would not have discovered using traditional approaches. The technology also helps manufacturers derive maximum value from supply chain data, an important capability where the pandemic response will become a part of every business’s resilience plan.
Graph technology can provide granular insight into manufacturing and supply chain data interdependencies, thereby throwing supply issues into sharp relief. These, in turn, enable enterprises to drive efficiencies and accelerate the pace of change as they prepare to meet the challenge of an increasingly uncertain future. If a supply chain is only as strong as its weakest link, then graph databases should be used to understand the interconnections involved in bringing products to the market.
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