Technology Transforming Supply Chains

by Kevin O'Neill

Technology is disrupting supply chains and transforming them into more digital, connected and intelligent models. Consumers are driving this trend as they demand more buying options and faster service from supply chains that are always-on.

Key factors are creating continuously operating supply chains that are more efficient and cost-effective:

  • Sensors
  • Automation
  • Cloud computing
  • Predictive analytics

According to the 2017 MHI Annual Industry Report, “Next-Generation Supply Chains: Digital, On-Demand and Always-On,” 80% percent of survey respondents believe digital supply chains will be the predominant model within five years. 16% percent say they already are.

What are the latest trends of disruptive technologies?

  • Inventory and network optimization tools
  • Sensors and automatic identification
  • Cloud computing and storage
  • Robotics and automation
  • Predictive analytics
  • Wearable and mobile technology
  • Autonomous vehicles and drones
  • 3D printing
  • Internet of Things (IoT)

Learn more from MHI on how these technology trends are driving industry growth.

About the blog

Learn more about mezzanines, work platforms and other steel structures, and about trends in the material handling and industrial processing markets from our blog posts by Steele Solutions President Kevin O’Neill. Check out the blog archives for helpful advice on structure selection, siting and applications.

Archives

Categories