Here we provide the Digital Supply Chain Overview video for you. Supply Chain 4.0 is the manifestation of the Digital Supply Chain as enabled by the proliferation of Disruptive Technologies that are permeating every aspect of our lives.
The Digital Supply Chain Overview video, created and published at Supply Chain Game Changer, is focused on the Digital Supply Chain, or otherwise called Supply Chain 4.0, because of its profound impact in defining the Supply Chain of the Future!
Last week, the Wall Street Journal reported that in 2017 total spending on logistics in the US rose to a record $1.5 trillion, up 6.2% from the year before. What’s more, the costs of warehousing, fulfillment and delivery are expected to keep rising in the upcoming year. This is why the biggest players in the market are investing in cutting edge warehouses and technology.
Here are 4 amazing examples of beautiful warehouse operations in which the latest technologies are helping ecommerce giants handle record volumes of parcels faster and more efficiently than ever before.
Although additive manufacturing and 3D Printing for both plastic and metal materials has been around for years, the investment, developments, breadth of applications, adoption rate, and beneficial case studies are expanding at an extremely rapid rate.
New processes, materials, devices, design applications, are emerging every day. Now, there are cloud sites that store portfolios of designs, much like Pandora does for music. All of this is creating an amazing amount of opportunity creating more efficient supply chains, new product types, de-centralized manufacturing schemes, and easier approaches to mass-customization.
In our ongoing technologies series, we have concentrated on the Informational and analytical innovation applications which are reshaping digital supply chain technology as we know it. Namely Blockchain technology, IoT, ( The Internet of Things ), supply chain digitization and 3-D printing.
These technologies are the breakthrough software applications which are fueling supporting technologies, some of which we’re going to explore today.
So let’s examine some of the Digital Supply Chain applications that are more hardware based like drones, driver-less vehicles, robotics, smart glasses and augmented reality.
No matter how big or small your operation and your company is you likely have the same disruptive pressures on your Warehouses and Distribution Centres.
Everyone, including those who are best in class, has the need to reduce costs, improve the speed and accuracy of order fulfillment and warehouse activities, optimize inventory, and provide sufficient capacity to support growth at your busiest times of the year.
The ability to leverage technology to help address those pressures is no longer just possible for large companies. The nature of the technology landscape brings those improvements within the reach of most everyone.
Look down at your desk. What do you see? If you see paper, pen, and a computer, you see the typical, modern supply chain. If asked, could you provide the latest information on your current automation, key performance indicators, data, use of IT applications, and finance government?
The chances are good that much of this information is stored digitally. However, you would probably need to look through some of the physical, tactile paperwork to find all of the information. Also, is the information stored only your computer or a server? Now, how long is that going to take you?
Supply chain technology is seeing seismic shifts and changing rapidly as new, innovative solution providers leave traditional legacy players behind.
Tremors. Seismic shifts. In supply chain management technology there is a fault line separating new, innovative technology providers and traditional supply chain software providers, and the gap between them is growing.
First, a “Prime Objective” of the Shasta EDC is job growth in the manufacturing and technology sectors, including the use of collaborative robots. This is our key focus. However, the recruitment, retention, and expansion of our companies is equally important.
There is obviously a symbiotic relationship between employer and employees. However, from time to time there are talent gaps that emerge and technologies that force us to rethink our approaches to business.
Data shows that the number of manufacturing jobs are declining, and the jobs that remain are shifting to a mixture of the traditional and tribal knowledge around manufacturing and a blend of technical knowledge that helps to augment current manufacturing with the practical application of emerging technologies.
The advancement of digital technology enables the real-time, intelligent management of the Supply Chain. This now means you need a Control Tower.
But any company’s Supply Chain can still involve tens of thousands of skus, thousands of bills of material, thousands of suppliers, hundreds of transportation vendors, dozens of manufacturing facilities and distribution centres, and numerous customers.
So even if you have a Digital Supply Chain how do you manage this complexity? The answer is that you need a Control Tower!
Believe it or not, Industry 4.0 — the latest specialization for modern factories and manufacturing plants — does factor into design and and help optimize your factory layout. That is because digitization, or the current movement to connect and bring all equipment into modern times, absolutely influences design.
In essence, that is the heart of Industry 4.0, a complete synergy between operations, equipment, properties and, of course, the people who spend their time there. If 3.0 was about automation and boosting efficiency, this generation is about injecting the human touch back into the work environment, and that means accommodating such things from a design standpoint.
From The Terminator to Blade Runner, pop culture has always leaned towards a chilling depiction of artificial intelligence (AI) and our future with AI at the helm. Recent headlines about Facebook panicking because their AI bots developed a language of their own have us hitting the alarm button once again. Should we really feel unsettled with an AI future?
News flash: that future is here. If you ask Siri, the helpful assistant who magically lives inside your phone, to read text messages and emails to you, find the nearest pizza place or call your mother for you, then you’ve made AI a part of your everyday life.
Widespread Artificial Intelligence, Biohacking, new platforms and immersive experiences dominate this year’s Gartner Hype Cycle.
Waiting curbside for an Uber or Lyft driver might one day be the old-fashioned way of getting around. Instead, passengers will need to head to the helipad to catch a ride from a flying autonomous vehicle.
Not only will these future taxis take to the sky to potentially reduce traffic, they’ll operate independently of a human pilot.
Why half? For those who may find awkward the reference to “half a decade” and not the “next decade” here is why: AI is evolving at such a staggering rate that it is simply not possible to foresee the impact of Artificial Intelligence in 10 years’ time.
Supply Chain 4.0 is the manifestation of the Digital Supply Chain of the future as enabled by many of the Disruptive Technologies that we all hear about every day. Here we review our Digital Supply Chain infographic.
Everyone is impacted by the advancement of technology in both their personal and professional lives. And that impact will only become more profound as time goes on.
The Internet of Things (IoT), Artificial Intelligence (AI), Virtual Reality (VR), Cloud Computing, Blockchain, Robotics, Big Data, Advanced Analytics and more are terms represent the technological breakthroughs that are being made every day.
For those involved in Supply Chain there are deep impacts that are occurring, and that will continue enabled by the evolutionary and revolutionary change that is enabled by technology. Let’s look at the Digital Supply Chain infographic.