Technology is key to resilient supply chains: Experts

Strong partnerships between suppliers and customers across the ecosystem are critical, said Micron CEO Sanjay Mehrotra. - AFP

SINGAPORE (The Straits Times/Asia News Network): As supply chain snags continue into 2022, it is important to strike a balance between efficiency and resilience, and make use of technology to build trust among countries.

In that respect, governments have an important role to play in facilitating trade by setting good rules for the digital economy and allowing free flow of data across borders, said Mastercard vice-chairman and former United States trade representative Mike Froman on the third day of the Bloomberg New Economy Forum on Friday (Nov 19).