Economists and logistics pundits are hailing the advent of the “always-on” supply chain – one in which information is as valuable as goods. From drones to the Internet of Things, smart technology is changing the supply chain landscape.
A recent report from MHI, the materials handling and logistics trade organization, listed eight technologies that are key to the always-on supply chain:
- Predictive analytics
- Robotics and automation
- Sensors and automatic identification
- Wearable and mobile technology
- Driverless vehicles and drones
- Inventory and network optimization tools
- Cloud computing and storage
- 3D printing
As information flows freely throughout the supply chain, shipping modes will be modified. Warehousing needs will alter. Training and staffing requirements will change. These changes will have a profound effect on the way we all do business. Ask yourself if your business is ready for the always-on supply chain, and consult with your storage professionals to make sure you’re ahead of the curve.
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