Supply Chain innovation is a team effort requiring collaboration and buy-in from all levels within an organization, and it’s especially true when it comes to bringing innovation to the supply chain.
While new and buzzworthy technologies like drones and robotics are consistently being introduced, innovation for the supply chain is truly a continuum of small improvements that make a greater impact – whether it’s improving processes or the overarching business model.
Forget about that connected fridge you’ve had your eye on. Put that smartwatch up on eBay. The world is already a lot more connected and complex than GE’s product line could have ever predicted with technologies to change your life.
In the next few years, the technologies you’ve taken for granted, and the ways we interact with them, are going to change forever—and rework our lives along the way. Allow me to introduce the Internet of Things (IoT), the biggest agent of change in technology since the Gemini space program of the 1960s.
There are many exciting quantum leap advances in Technology these days!
The proliferation of the Internet of Things (IoT), Artificial Intelligence (AI), Machine Learning and Robotics, Industry 4.0, Big Data and Analytics, and Digitalization are all phrases that are emblematic of revolutionary changes both today and in the future.
It is important to know that these changes are not just impacting Manufacturing, Engineering and I/T. These technological advances will impact every aspect of our personal and working lives. And one area that will be driving these quantum leap changes is Supply Chain!