Authored article by CEO Dan @ Supply ChainQuarterly. Do or Die for the Obsolete Supply Chain Management Practices in 2021.
07 Feb 2021, 20:36
Authored article by CEO Dan @ Supply ChainQuarterly
Do or Die for the Obsolete Supply Chain Management Practices in 2021
Why are Traditional Supply Chain Practices Getting Obsolete?
👉🏻The supply chain industry is already witnessing significant changes with the introduction of agile processes and smart technologies.
👉🏻The new processes may also end manual human-centric jobs, including analytical and managerial work.
👉🏻 Surplus stock may also be the outcome of fast-changing consumer trends, new technology, or the market may simply identify a product as useless.
👉🏻 The implementation of AI and robotics technologies, along with blockchain and the Internet of Things (IoT) is making traditional supply chain management practices obsolete.
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