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The Future of Supply Chain.

The future of the supply chain is likely to be shaped by a number of trends and developments, including:

  1. Increased automation: The use of robotics and other advanced technologies is likely to continue to grow in the supply chain, leading to increased automation and reduced reliance on human labor.
  2. Improved visibility and tracking: The integration of technologies such as the Internet of Things (IoT) and blockchain is likely to improve visibility and tracking within the supply chain, enabling more accurate forecasting and better decision-making.
  3. Greater sustainability: There is likely to be a continued focus on sustainability in the supply chain, with an emphasis on reducing waste, minimizing environmental impact, and promoting ethical practices.
  4. Increased use of data and analytics: The use of data and analytics is likely to continue to grow in the supply chain, enabling organizations to make more informed decisions and optimize their operations.
  5. Greater use of digital technologies: The adoption of digital technologies, such as cloud computing and artificial intelligence, is likely to continue to grow in the supply chain, enabling more efficient and effective operations.

Overall, the future of the supply chain is likely to be shaped by a combination of technological, social, and environmental factors, and will continue to evolve and adapt to meet the changing needs of businesses and consumers.

Here is a collection of videos on the future of supply chain.  There are so many changes happening in supply chain.  Automation, robotics, IoT, and artificial intelligence are revolutionizing supply chain.

SCM and Automation Quotes

  • “I predict that, because of artificial intelligence and its ability to automate certain tasks that in the past were impossible to automate, not only will we have a much wealthier civilization, but the quality of work will go up very significantly and a higher fraction of people will have callings and careers relative to today.” ~Jeff Bezos, Amazon CEO.
  • “The first rule of any technology used in a business is that automation applied to an efficient operation will magnify the efficiency.  The second is that automation applied to an inefficient operation will magnify the inefficiency.” ~Bill Gates, former CEO of Microsoft.
  • “As the Internet of things advances, the very notion of a clear dividing line between reality and virtual reality becomes blurred, sometimes in creative ways.”  ~Geoff Mulgan
  • “If you don’t revolutionize manufacturing you won’t stay in business.” ~Dave Waters
  • “Because salaries are likely to stagnate as minimum-wage hikes will stimulate the use of more robots. Corporate profits will balloon. Labor unions may disappear or be forced to make wholesale changes, as unemployment is likely to rise. And because robots don’t pay taxes, the government must discover additional revenue streams.” ~Gregory Clay
  • “In the long term, artificial intelligence and automation are going to be taking over so much of what gives humans a feeling of purpose.” ~Matt Bellamy.
  • “The digital supply chain has the potential to completely change supply chain. However, do your due diligence before rushing in.” ~EverythingSupplyChain.com.

Automation in Supply Chain

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Future of Supply Chain
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