In the past decade, Artificial Intelligence (AI) has come out as something that people use almost every day without even realizing it. Apart from powering a huge number of applications and other digital devices, this technology stands to benefit all industries including supply chain. In fact, many companies have already started benefiting from investing in AI. A report by State of Artificial Intelligence for Enterprises shows that supply chain is one of those areas which will significantly benefit from AI. On the other hand, PwC states that AI could inject up to $15.7 trillion to the global economy by 2030.

You’re familiar with GPS as it is being used for different navigation purposes. It has made its place in many industrial sectors. Another revolution the GPS tracking system has brought is food safety. Food safety is a global concern. People across the world do care pretty much about whether the food they’re eating is healthy or not. But is it possible? With GPS attached to your poultry, you can find out about the production of the food presented to you. A complete historical record of the product can be available to you.

Every organization that wants to organize and manage their supply chain metrics must deploy some key performance measurement systems; this is because the average metrics needed for managing and measuring the success of an organization’s supply chain system varies by industry, company, and scale of business.