| |NOVEMBER 20205Almost every industry is directly or indirectly dependent on the efficacy of supply chain and logistics for enhanced performance. Given this dependence, the development or advancement in supply chain has a cascading effect on the complete value chain from production to delivery. Today, despite possible C-level pressure to reduce costs or prove short-term ROI, it is important for supply chain technology leaders to adopt a mind-set that accepts and embraces long-term perpetual change. One of the first steps towards this change is digital transformation of supply chains which is accelerating with time. Experts foresee increased use of advanced analytics, machine learning and AI to proactively detect trends and insights on a path to a self-learning supply chain. Increased use of IoT and smart sensors enabling real time visibility and decision-support will drive further convergence of planning and execution across sales, procurement, manufacturing and logistics. IoT devices are also increasingly being implemented to enhance the visibility of supply chains. With the IoT technology in warehouses and retail outlets, there is more visibility in production, inventory management, and predictive maintenance. AI can also be used in supply chain planning to analyze huge datasets and provide an analysis of supply and demand trends for better procurement. AI can even be used in conjunction with hardware, helping companies stay one step ahead. One example is using machine learning in the aftermarket industry where, with the help of sensors on machines, it can detect patterns and determine in advance when a part will break. With a multitude of use cases for new technologies, the disruption in supply chain is evident and is expected to continue. We studied this industry segment in-depth and have come up with the list of 10 Most Promising Supply Chain Companies who have excelled in this field with their innovative approach. Having proven their dedication to quality and end-to-end addressal of customer requirements, these companies have stood out from the crowd. We look forward to receiving your feedback. Sudhakar SinghEditorsudhakar.singh@theindustryoutlook.comAn Evident Disruption Vol 1 · Issue 10 - 3 · November 25, 2020Publisher Alok ChaturvediEditor Sudhakar Singh Editorial Team Janifha Evangeline Samrat Pradhan Hridkamal Roy Rajan Sarma Art & Graphics Ashok Kumar Dennis Bennito Sales & MarketingIndranil ChakrabortyVirupakshi Pattarsales@theindustryoutlook.com Editorial Querieseditor@theindustryoutlook.comCirculation Manager Magendran PerumalCover price is Rs. 150 per issue.Printed and Published By Alok Chaturvedi on behalf of Siliconmedia Technologies Pvt Ltd and Printed at Precision Fototype Services at Sri Sabari Shopping Complex, 24 Residency Road Bangalore-560025 and Published At No. 124, 2nd Floor, Surya Chambers, Old Airport Road, Mu-rugeshpalya, Bangalore-560017.Publisher Alok ChaturvediCopyright © 2020 SiliconMedia Technolo-gies Pvt Ltd, All rights reserved. Repro-duction in whole or part of any text, pho-tography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher.
<
Page 4 |
Page 6 >