Supply chain management is constantly evolving, and embracing change has become essential for staying relevant. The author explores how ground-breaking innovations such as the Internet of Things (IoT), Artificial Intelligence (AI) and Machine Learning (ML), Advanced and Predictive Analytics, Cloud Technology and Cloud-based Commerce Networks, 3D Printing, and Digital Supply Chain Twins impact the supply chain management sector and the industry. These innovations have transformed decision-making processes, led to significant growth, increased operational efficiency, risk forecasting, inventory management, and workflow tracking, and ultimately provided businesses with a competitive advantage. The article highlights the importance of being open to change and incorporating new ideas into work processes, as adaptability and agility are key to thriving in any industry or field.
Read More: Supply Chain Management: The Game-Changing Innovations That Are Shaping the Industry