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The Top 10 Supply Chain Innovations of All-Time. 9 min video, 23k views.

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Top 10 Supply Chain Innovations of All-Time

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Top 10 supply chain innovations that are  currently transforming the industry:

  1. Artificial intelligence (AI) and machine learning (ML): AI and ML are being used to automate tasks, improve decision-making, and optimize supply chain processes. For example, AI can be used to predict demand, optimize inventory levels, and identify fraud.
  2. Blockchain: Blockchain is a distributed ledger technology that can be used to track the movement of goods and materials through the supply chain. This can help to improve transparency and traceability.
  3. Internet of Things (IoT): IoT devices are used to collect data about the physical world, such as temperature, humidity, and location. This data can be used to improve the efficiency of supply chain processes.
  4. 3D printing: 3D printing is used to create products on demand, which can help to reduce waste and improve the flexibility of supply chains.
  5. Robotics: Robots are being used to automate tasks in warehouses and factories, which can improve efficiency and safety.
  6. Augmented reality (AR) and virtual reality (VR): AR and VR are being used to train employees, simulate scenarios, and improve decision-making.
  7. Cloud computing: Cloud computing provides businesses with access to scalable and reliable computing resources. This can help businesses to improve the efficiency of their supply chain operations.
  8. Big data analytics: Big data analytics is used to collect and analyze large amounts of data about the supply chain. This data can be used to identify trends, improve decision-making, and optimize processes.
  9. Sustainable supply chain management: Businesses are increasingly focused on sustainable supply chain management. This includes practices such as reducing emissions, using recycled materials, and improving working conditions.
  10. Transparency: Businesses are also increasingly focused on transparency in their supply chains. This means providing customers with information about the origin of their products and the way they were made.

These are just some of the top supply chain innovations that are transforming the industry. As technology continues to evolve, we can expect to see even more innovations in the years to come.

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Supply Chain Quotes

  • “Without change there is no innovation, creativity, or incentive for improvement. Those who initiate change will have a better opportunity to manage the change that is inevitable.” ~ William Pollard
  • “Knowledge has to be improved, challenged, and increased constantly, or it vanishes.” ~Peter F. Drucker
  • “Don’t tell people how to do things, tell them what to do and let them surprise you with their results.”  ~George S. Patton Jr.
  • “All we are doing is looking at the time line, from the moment the customer gives us an order to the point when we collect the cash. And we are reducing the time line by reducing the non-value adding wastes.” ~ Taiichi Ohno
  • If you don’t have standardized processes how are you going to provide a consistent way to automate them?” ~SupplyChainToday.com
  • “I was always intrigued when I was growing up, and then in engineering school, with the idea of a perpetual machine. I think of the Wal-Mart culture as that.” ~ Mike Duke, former Walmart CEO
  • “If your actions inspire others to dream more, learn more, do more and become more, you are a leader.”   ~John Quincy Adams
  • “If your customer base is aging with you, then eventually you are going to become obsolete or irrelevant. You need to be constantly figuring out who are your new customers and what are you doing to stay forever young.” ~ Jeff Bezos
  • “I’m not a tech guy. I’m looking at the technology with the eyes of my customers, normal people’s eyes.” ~ Jack Ma