Does supply chain security require AI, blockchain or process analytics?
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It may or may not. It depends a lot on the maturity and efficiency of these, especially blockchain. Process analytics and AI can definitely help in both analyzing and mitigating the risks associated in the supply chain amd where dependencies emerge. It is always helpful to be aware of Third party risks and being able to have visibility on them.
While there may be value on Blockchain and AI, these are underlying capabilities that would be built into related solutions. Unfortunately, today with many organizations, there are the basis "blocking and tackling" controls/solutions that first need to be put in place and sometimes I feel like people have a tendency to run to the latest and greatest shiny object rather than addressing the basics first.
Blockchain-level security is certainly solid but block processing times make this inefficient. With the near rise of quantum cryptography and the announcement of these standards by NIST, this will solve the processing and entropy challenges of traditional controls. Process mining is more reactive as a way to to detect anomalous access behavior.
They are certainly an approach that some may choose to take, but not mandatory and not proven (yet) in this emerging space.
There's so much complexity here. It doesn't require any one specific tool. From my perspective, it just requires attention, effort, and focus. Everyone's situation is unique and an expert can help build the right strategy around their use case.