Supply chain and its trends in 2019 technology

Tuesday, May 28, 2019

Technology continues to revolutionize the operations of companies and people’s lives, it has a positive impact on the efficiency of processes and according to the consulting firm Gartner there are trends that will be seen in 2019 in supply chain technology and that no one should ignore. Here we share some of them:

Artificial Intelligence (AI)

Artificial intelligence seeks to increase human performance and through self-learning and natural language, AI’s capabilities can help automate various processes such as demand forecasting, production planning or predictive maintenance.

Advanced analytics

Advanced analyzes include predictive analysis (those that identify data patterns and anticipate future scenarios), as well as prescriptive analysis, a set of capabilities that find a course of action to meet a predefined objective. The increased availability of Internet of Things (IoT) data and extended external data sources allow organizations to anticipate future scenarios and make better recommendations in areas such as supply chain planning, sourcing and transportation.

IOT (Internet of Things)

The IoT is the network of physical objects that contain built-in technology to interact with their internal states or the external environment. The areas in which IoT can have a profound impact are improved logistics management, improved customer service and improved supply availability.

Robotics of process automation (RPA)

The RPA operates by mapping a process in the language of the tool to be followed by the software “robot”. Cut costs and eliminate coding errors. it is used to automate the creation of purchase orders and sales or shipments, reduces human intervention and improves the consistency of manual data sources within manufacturing.

Double digital supply chain

A digital supply chain is a digital representation of the relationships between all physical entities of end-to-end supply chain processes: products, customers, markets, distribution centers / warehouses, plants, finances, attributes and climate. They are used to understand the state of the thing or system to optimize operations and respond efficiently to changes.

Immersive experiences

Immersive experiences such as augmented reality (AR), virtual reality (VR) and conversation systems are changing the way people interact with the digital world. They allow digital business opportunities that have not yet been fully realized within global supply chains.

Blockchain in the supply chain

The block chain has the potential to meet the long-standing challenges that arise in complex global supply chains. The current capabilities offered by blockchain solutions for the supply chain include traceability, automation and security.

In DICEX we seek to be in constant training and improvement for the benefit of our customers, suppliers and also for our own benefit as well. As companies within the logistics industry, research and innovation to move forward with technology is essential to streamline processes and increase yields and margins that are managed in the company.