Members

the supply chain will rely on the Internet of Things and GPS to track shipments back to chemical customers

In contrast, the future supply chain will provide end-to-end automation to achieve seamless and driverless completion. Starting from the customer site, sensors will track raw material and finished product inventory. When the inventory level is below the threshold, the system will trigger the order fulfillment process. The analysis platform information layer of the entire network will not only consider typical fulfillment channels, but also flexibly select the best supplier based on the combination of product price, quality, and delivery availability.
Driven by artificial intelligence, dynamic planning and manufacturing will play a role, but if there is a disruption, the supply chain will also have mobility capabilities. This will enable it to determine other options and even choose the best option based on predefined business preferences; this will also make it easier to avoid potential operational disruptions such as weather, traffic patterns and port congestion.

In the future supply chain, the current fragmented sales and operations planning (S&OP) process will disappear, replaced by artificial intelligence-driven machines, and data scientists will manage and approve exceptions in real time. Robot technology and radio frequency identification technology can realize the automatic picking, packaging and segmentation of finished products. Automation will also make the distribution center more secure.

As for tracking, the supply chain will rely on the Internet of Things and GPS to track shipments back to customers. The blockchain will connect the systems and equipment of commerce and transportation providers, and execute seamlessly without disputes. Executing transactions on the blockchain can also realize the smooth transfer of information and chemical materials. In this way, all participants can get paid immediately after the service is completed, and the rewards will be automatically carried out through smart contracts. Given the variety of new processes, future supply chain employees will need to be trained in data analysis and how to create and maintain algorithms. What is the goal of these employees? Operate quickly and even think.
https://www.echemi.com/

Views: 4

Comment

You need to be a member of On Feet Nation to add comments!

Join On Feet Nation

© 2024   Created by PH the vintage.   Powered by

Badges  |  Report an Issue  |  Terms of Service