Technology

Technology (130)

Innovations in Artificial Intelligence and Machine Learning in Supply Chain Management

Over the past few decades, the global economy has become increasingly interconnected, and supply chains have become more complex than ever. With the COVID-19 pandemic, things further degenerated, highlighting the need for resilient and flexible supply chains. As we think of attaining this, technology will be crucial in enhancing supply chain resilience. Here are some AI and machine learning innovations that are set to revolutionize supply chain management in 2023.

Read more...

Benefits of Real-Time Big Data Analytics for Supply Chain Management in 2023

Over the past decade, the amount of data generated by businesses has grown significantly. This data, commonly called big data, holds great potential for organizations looking to optimize their operations and improve efficiency. Supply chain management is one area where big data analytics has proven particularly useful. In this industry, real-time big data analytics can help organizations in the supply chain industry to improve their operations in several ways. Here are some benefits of real-time big data analytics for supply chain management in 2023.

Read more...

Blockchain in the Supply Chain

Blockchain technology has become one of this decade’s most widely regarded technologies. It is one of the most innovative technologies of the 21st century. Initially introduced as the underlying technology behind cryptocurrencies such as Bitcoin, blockchain has many potential uses that have expanded significantly in recent years. Blockchain is among the areas where blockchain has shown significant potential.

Read more...

The Future of the Supply Chain: Emerging Trends and Innovations

Supply chain and logistics is an important part of any modern business. With the constant evolution of this industry, new technologies and innovations are emerging faster than ever. As such, businesses must stay ahead of the curve to remain competitive. In this article, we look at a few of the most exciting trends and innovations that are likely to shape the supply chain, now and in the future.

Read more...

The Role Of Technology In Improving Supply Chain Efficiency and Effectiveness

Technology has had a significant impact on the way supply chains operate and function. From small businesses to large enterprises, the use of technology has proven to be a vital tool in improving supply chain efficiency and effectiveness. This article will explore the role of technology in five key areas of the supply chain.

Read more...

The Nation’s Supply Chains Need An Upgrade

Of the many lessons learned in the pandemic, one that continues to play out in real time is the ongoing disruptions to our national supply chains. The initial impacts of Covid rocked operations for many companies globally as they struggled to staff personnel and safely manage facilities. But nearly three years in, the inherent gaps in how our supply chains operate have been revealed, as well as the consequences of potential breakdowns as they occur.

Read more...

Are You Tracking These Supply Chain Changes?

 The logistics and supply chain industry is fast embracing technology in its quest to keep up with the trends in the digital age. With the fast pace of technology, businesses must move with speed to advance and become competitive. Technologies like machine learning (ML), artificial intelligence (AI), blockchain, supply chain integration and the internet of things (IoT) are proving useful in this quest because they will ensure you lead the race. Here are some logistics trends you need to watch this year.

Read more...

Digitize Your Supply Chain for Better Efficiency

The supply chain is undoubtedly one of the most crucial parts of any business. For this reason, most executives believe that getting the supply chain right will translate to better supply chain costs. This is not an easy task considering the supply chain is a series of discrete siloed steps that are taken through marketing, development, manufacturing and distribution of a product to the hands of a customer. However, with digitization, the siloes are broken. The chain becomes an integrated, transparent ecosystem for each player, from raw material suppliers, components suppliers and transporters of finished products to the customers who demand fulfillment.

Read more...

Reducing the risk of supply chain attacks and strengthening security

Supply chain attacks continue being a global threat to businesses and individuals alike - even during COVID lockdowns over the past two years and more localised events like the disruption caused by recent floods on the East Coast of Australia. For many consumers, the disruptions are evident by the difficulty in receiving different goods and services. Amid the ongoing challenges, keeping supply chains continually moving in 2022 will take on a whole new level of complexity -- especially when it comes to keeping them secure from cyberattacks.

Read more...

Reducing The Risk Of Supply Chain Attacks And Strengthening Security

Supply chain attacks continue being a global threat to businesses and individuals alike - even during COVID lockdowns over the past two years and more localised events like the disruption caused by recent floods on the East Coast of Australia. For many consumers, the disruptions are evident by the difficulty in receiving different goods and services. Amid the ongoing challenges, keeping supply chains continually moving in 2022 will take on a whole new level of complexity -- especially when it comes to keeping them secure from cyberattacks.

Read more...

Visit other PMG Sites:

PMG360 is committed to protecting the privacy of the personal data we collect from our subscribers/agents/customers/exhibitors and sponsors. On May 25th, the European's GDPR policy will be enforced. Nothing is changing about your current settings or how your information is processed, however, we have made a few changes. We have updated our Privacy Policy and Cookie Policy to make it easier for you to understand what information we collect, how and why we collect it.