Emerging Technologies are Expected to Drive the Future of Supply Chains
Rediscovering the supply chain industry technology has been instrumental in promoting retail business. The changing technology trends have made way for innovative supply chain practices, which contribute to the betterment of the business industry. Advanced visualization, improved responsiveness and potential to adapt to the real-time environmental changes add to the functionality offered by the latest supply chain technologies. The emerging software developments help in digitalizing the core operations of supply chains with a digitized set of tech-driven tools. The following describes a few of them.
• Intuitive Transportation Management System (TMS)
Supply chain generally involves cross channel communications. TMS has been specially designed to support such omnichannel processes. This system is based on a computerized transportation concept which is capable of optimizing the transit paths and identifying the routes which support the shortest route.
Check out: Top Supply Chain Management Companies
• Shipment tracking device
To achieve seamless product delivery methods and to meet the customers’ expectations, recent software developments have introduced shipment tracking methods which help the delivery team to meet deadlines and expected accuracy levels.
• AI-based tools
Simulating intelligent machine-level assistants, artificial intelligence has been exponentially optimizing the supply chain processes. AI-based planning and implementation systems help in streamlining multiple channels such as the logistics, end users, the retailers, distributors and more. With the use of voice recognition technology, the supply chain industry is expected to bag higher revenue.
Catering to the practical challenges faced by different departments of the supply chain industry and raising real-time solutions to simplify complex procedures, emerging technology trends are expected to transform the supply chains. Digital supply chain tools found numerous ways to smoothen the industrial operations. Efficient supply chain functioning helps various other sectors such as logistics, retailers, manufacturers, distributors, etc., to achieve their immediate business goals.
By Chris Tjotjos, VP, Cisco Solutions Practice, Black Box...
By Laura Jackson, Sr. Manager-Risk Management, ABS Consulting
By Jason Cradit, VP of Information Systems, Willbros Group
By Steve Garske, Ph.D., Senior Vice President & Chief...
By Roman Trakhtenberg, CEO, Luxoft
By Renee P Wynn, CIO, NASA
By Mike Morris, CIO, Legends
By Louis Carr, Jr., CIO, Clark County
By Andrew Macaulay, CTO, Topgolf Entertainment Group
By Dominic Casserley, President and Deputy CEO, Willis...
By Dave Nelson, SVP-Portfolio Lead, Avanade, Inc.
By Michael Cross, SVP & CIO, CommScope Holding Company Inc.
By Pauly Comtois, VP DevOps, Hearst Business Media
By Dan Adam, CIO, Extreme Networks
By Matt Schlabig, CIO, Worthington Industries
By David Tamayo, CIO, DCS Corporation
By Scott Cardenas, CIO, City and County of Denver
By Marc Kermisch, VP & CIO, Red Wing Shoe Co.
By Brian Drozdowicz, VP, Digital Services, Siemens...
By Les Ottolenghi, EVP and CIO, Caesars Entertainment