Digital Supply Chain:

Digitalization is the new advancement in the technology of supply chain management. For every Supply chain analysts, logistic consultants and technology executives have six digital trends to observe. Cloud based systems, analytics, monitoring of vehicles, Goods through IOT improves supply chain activity. 80% people in Logistics sector believe that digital supply chain will be predominant as per MHI’s 2017 annual survey on next generation supply chain 1. Network-focused visibility: The best thing about supply chain is we will be able to watch and understand activities of multiple players involved with the help of Global Trading Networks. 2. Merge IOT with app processes: IOT is the combination of Sensors, Electronics, Software, Actuators connected to various Physical devices, Vehicles, Buildings etc. to collect data. IOT has to be connected to Transportation Management System. Scenario-based planning: The IOT uses telemetric, sensors and geo positioning signals f...