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Trends followed in supply chain management

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  • Trends followed in supply chain management

    Supply chain management requires skilled expertise to manage the flow of products or information from the source as raw materials till the end products reach the customers. With the growing technology, everything is becoming simpler. So how do you think technology influence the supply chain management and what are some recent trends that are being followed in this field?

  • #2
    Re: Trends followed in supply chain management

    Technology and innovation are a focus of supply chain these days.
    1. Digital supply chains are the on-ramp to innovation and success. And if you want to be among the winners, you need to get on the highway and go fast. Develop digital strategies that allow you to proactively evolve ahead of the competition. Employ comprehensive solutions that support the entire source-to-settle process and create value for all parties involved in it.
    2. Huge Investments being made in Artificial Intelligence by many companies including Facebook, Google, Apple, Tesla, and many many more companies.
    3. Speaking of supplier collaboration, many companies have taken steps to improve the efficiency and effectiveness of their supply chain operations by automating key processes beyond procurement to areas such as with orders, invoicing, and payment.

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    • #3
      Re: Trends followed in supply chain management

      Supply chain today is now integrated with advanced technology like the automated system. Supply chain is very crucial to a business that is why it cannot be left behind when it comes to new technologies. The innovation for supply chain can help a business to be more efficient and effective. For example, a warehousing supply chain logistics processes is now being automated and the result is that the productivity has improved a lot.


      Regards,
      Emelia Ingram, Supply Chain Marketing
      BR International Supply Chain Consultants

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      • #4
        Re: Trends followed in supply chain management

        Advanced analytics and accompanying technology have made supply chain services evolve more rapidly than ever before. Any e-commerce logistics company seeking to grow should observe the current and emerging trends in logistics to stay above their competition and optimize their systems. Here are some of the most popular supply chain trends of present day and how you can implement them to grow your business.

        http://www.leansupplysolutions.com/b...s-follow-2017/

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        • #5
          Re: Trends followed in supply chain management

          I think most of the supply chain businesses are following the various hi-tech trends these days. Such trends include automation, uberization of freight, usage of various advanced software in warehouses and other operations of supply chain.

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          • #6
            Re: Trends followed in supply chain management

            Supply-chain business is growing now a days with the help of IoT services. By making use of various technology, the supply chain manages the inventory at each individual package level and thus eliminating the risk of theft and temper.

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