- Nanotechnology, Business, Structure, Manufacturing
Abstract
Nanotechnology is rapidly gaining traction in supply chain management, offering the potential to enhance efficiency, reduce costs, and drive innovation. This paper explores the role of nanotechnology in transforming supply chains by improving material properties, enabling smarter logistics, and increasing product traceability. It delves into the ways nanomaterials can optimize manufacturing processes, reduce environmental impact, and offer new functionalities in packaging, transportation, and storage. Furthermore, it addresses the challenges businesses face when integrating nanotech into their supply chains, such as regulatory concerns, high initial costs, and the need for specialized knowledge. By providing examples from various industries, the paper demonstrates how businesses can harness nanotechnology to gain a competitive advantage and future-proof their supply chains.