EMERGING TECHNOLOGIES IN SUPPLY CHAIN
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The path that goods take from the point of production to customers' hands is known as the supply chain. Goods go through several phases: distribution, transportation, and manufacturing. A supply chain is a dynamic and complex process that includes provisioning, raw material supply, warehousing and the distribution of manufactured products to consumers. The impact of technology on supply chain management can take shape in a number of ways. For supply chain companies, technology is a strategic requirement and key differentiator for being competitive. Advanced technologies are shaking up the supp...
The path that goods take from the point of production to customers' hands is known as the supply chain. Goods go through several phases: distribution, transportation, and manufacturing. A supply chain is a dynamic and complex process that includes provisioning, raw material supply, warehousing and the distribution of manufactured products to consumers. The impact of technology on supply chain management can take shape in a number of ways. For supply chain companies, technology is a strategic requirement and key differentiator for being competitive. Advanced technologies are shaking up the supply chain world. They will continue to be more widely adopted and deployed within the supply chain sector. Technology is increasingly regarded as a key source of competitive advantage for supply chain leaders. Emerging technologies in supply chain include artificial intelligence, robotic automation, drones, big data, 3D printing, the Internet of things (IoT), blockchain, and predictive analytics. These technologies are improving supply chain efficiency, reducing costs, and enhancing customer experience. This book is a comprehensive text on emerging technologies in the supply chain industry. It provides an overview of each emerging technology in simple terms so that beginners can understand it. It is a must-read book for anyone who wants to learn about modern supply chain, which has become vital in our modern life.