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The Evolution Of The Supply Chain

Numerous studies have taken place, been documented, and released regarding what will change in 2020, but very little gets reported regarding what may not! Let’s take a look at the past before we, as businesses globally must also do, stride firmly into the future, with part two of our blog post relating to what makes a successful supply chain:

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The last 20 years have heralded enormous changes for all things supply chain and logistics, including:

 

TECHNOLOGY

The evolution from the humble desktop client-server applications to revolutionary SaaS, cloud base, and mobile apps

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SPEED-TO-MARKET

Standard 5-7 day delivery times get replaced by the next day or even same-day delivery opportunities

 

AUTOMATION

AI, machine learning, robotic processes, and automated systems streamline previously manual and slower processes

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AUTONOMOUS VEHICLES

Drones, driverless truck and aerial vehicles

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COLLABORATION

The crucial unification of all parties involved, directly or indirectly (Ecosystem) to enable complete transparency

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3-D PRINTING

Enables businesses to be ‘near-consumer,’ providing a greatly simplified, flexible, and highly responsive supply chain to meet customer needs.  


IoT

Provides operation and revenue opportunities through enhanced levels of transparency that track products at every stage of the journey.

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However, despite all the exciting innovations sweeping into the world of retail and logistics, somethings will inevitably remain the same. Read more about what’s in store for the future in our follow up post ‘Predicting The Predictable - Successful 2020 Supply Chains’

See other blog posts by me