Smart Supply Chain Management and Logistics 4.0
- [Sweden - The New York Times]
- Logistics 4.0 and Smart Supply Chain Management in Industry 4.0
In this hypercompetitive world, the need for businesses to deliver more for less whilst meeting an increase in consumer expectations is ever more challenging. The Fourth Industrial Revolution (Industry 4.0) comes with its technological advancements such as IoT, drones, 3D printing, and a plethora of other solutions aimed to increase visibility and accountability.
Logistics 4.0 and Smart Supply Chain Management are at the heart of addressing these challenges through a combination of cross-industrial methodologies. Organizations will need to become more innovative if they are to manage the complexity of today’s environment and succeed in creating more value for their stakeholders.
Smart supply chain management concern the various aspects of end-to-end logistics and supply chain management in the context of Industry 4.0, the Internet of Things, cyber-physical systems, emerging technologies, advanced data analytics and (semi-)autonomous decisions enabled by AI.
[More to come ...]
