Rosemary Coates and Sarah Rathke (authors of Legal Blacksmith: How to Avoid and Defend Supply Chain Disputes) posted an article on International Association for Contract & Commercial Management (IACCM) about Industry 4.0 and its impact on supply chain contracts. The exchange of information and integration of machines is creating sophisticated needs, not to mention leaving an audit trail that will need to be reviewed should a dispute arise and driving up costs. Rosemary and Sarah discuss how governing contracts must change to accommodate and protect.
You can read the article here: Big data, big benefits – and a ton of risk for your supply chain contracts?
