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Top 10 Future Trends in Supply Chain and Logistics

•Supply chain digitization. ...

•Artificial Intelligence. ...

•Stronger collaboration in the supply chain process. ...

•More focus on risk management and supply chain resiliency. ...

•Knowledge work will go global. ...

•Circular supply chain. ...

•Use of SaaS in supply chain…..

•Enhanced supply chain visibility…..

•Customer Segmentation…

•Wearable devices.
Gartner has identified eight strategic technology trends for supply chain and how they

can provide a competitive advantage.

•Artificial intelligence. ...

•Advanced analytics. ...

•Internet of Things (IoT) ...

•Intelligent things. ...

•Conversational systems. ...

•Robotic process automation. ...

•Immersive technologies. ...

•Blockchain.
Supply chain digitization. ...

• Digitization brings down those


walls, and the chain becomes
a completely integrated
ecosystem that is fully
transparent to all the players
involved — from the suppliers
of raw materials, components,
and parts, to the transporters
of those supplies and finished
goods, and finally to the
customers demanding
fulfillment.
Artificial Intelligence. ...

• Any device that can perceive


its environment and takes
actions that maximize its
chance of success at some
goal is engaged in some form
of artificial intelligence
Circular supply chain. ...

• The circular supply chain is


“lean” in nature, eliminating
waste and reducing the
carbon footprint. ... That is
what the circular supply
chain is about – taking
apparent waste materials and
returned goods and turning
them into products which can
be resold.
Use of SaaS in supply chain…..

• Software-as-a-Service
(SAAS) is an innovative tier of
cloud computing. It is
projected to provide lucrative
benefits for the supply
chain industry. In a report
written by C3 Solutions, they
use this term interchangeably
with 'cloud-based system'
Enhanced supply chain visibility…..

• Supply chain visibility (SCV)


is the ability of parts,
components or products in
transit to be tracked from the
manufacturer to their final
destination. The goal of SCV
is to improve and strengthen
the supply chain by making
data readily available to all
stakeholders, including the
customer.
Wearable Devices
• Wearables refers to devices
that are connected to an
internet source and allow
workers to perform supply
chain tasks without the need
of taking up space or
additional resources,
asserts Supply Chain 24/7.
Essentially, wearables are the
“new type of tablet on the
wrist, face, head, or other
body part.”
Internet of Things (IoT) ...

• The Internet of Things (IoT) is


a collection of interconnected
physical devices that can
monitor, report on and send
and exchange data. ... They
can also monitor the storage
conditions of products which
enhances quality
management throughout
the supply chain.
Blockchain.

• A blockchain is a distributed,
digital ledger. The ledger
records transactions in a
series of blocks. It exists in
multiple copies spread over
multiple computers, typically
known as nodes.
Big Data
• The data accumulated
by Supply Chain contains
information from the key
entities such as
manufacturing, logistics, and
retail. The use of Big
Data Analytics on a collection
of such copious data sets can
cultivate a proactive decision-
making approach for
predicting key opportunities
and risks in Supply Chain

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