TECHNOLOGY

AND
INNOVATIONS IN
SUPPLY CHAIN

Presented by : Group 4
Introduction to Innovative
Supply Chain Management
Businesses are turning to technology to optimize their supply chains in an era when
customer expectations for speed and convenience are rising every day, supply chain
technology is evolving to meet these challenges, with new solutions emerging regularly.
What is Supply
Chain Technology?

Supply chain technology is hardware or software that makes

supply chain processes more efficient. A wide variety of digital
technologies fall under this, ranging from physical equipment such as
robotics and sensor-enabled devices, to software designed to
optimize the flow of data, predict trends, connect systems,
improve logistics, or manage inventory. Infusing digital technology
into each “link” in the supply chain can speed production and
delivery while minimizing costly disruption.
Trends in Supply Chain Innovation

Today’s top supply chain technology trends reflect businesses’

desire to streamline and future-proof all aspects of their operations.
The following trends can refine your decision making and processes
from the back office to the shop floor and beyond.
Using robotics to work
faster
Robotics is transforming industries by enabling faster,
more efficient operations. In supply chain management,
robots are streamlining warehouse operations,
automating order fulfillment, and optimizing logistics.

Robots have been used in industrial manufacturing

for decades. The business needs created by rising
labor costs and shortages not to mention
consumers’ expectations for always in stock
products and fast delivery are being met by
advancements in robotics.
Using robotics to work
faster
Automated guided vehicles (AGVs) and robotic arms
can pick, pack, and sort goods at a speed and accuracy
far beyond human capabilities.
-This reduces processing times, minimizes
errors, and enhances overall productivity

Robotics integrated with artificial intelligence (AI)

can analyze data in real time, improving decision-
making and forecasting demand.
Making data-driven decisions
using AI and advanced analytics
Data science is playing a major role in advancing
supply chain technology. At every point along a complex
supply chain, there are a huge number of data points
ripe for collection. If you have AI and advanced
analytics in place, you will be in the best position to
make sense of that data and use it to your advantage.

AI and advanced analytics are revolutionizing

decision-making by enabling businesses to harness
vast amounts of data for smarter, more strategic
choices.
Making data-driven decisions
using AI and advanced analytics
In supply chain management, AI-powered systems
analyze historical and real-time data to optimize
inventory levels, predict demand fluctuations, and
enhance logistics efficiency.

Machine learning algorithms detect patterns and

trends, allowing companies to anticipate disruptions
and mitigate risks before they occur.
Making data-driven decisions
using AI and advanced analytics
Advanced analytics also improve supplier performance
evaluation and customer insights, leading to better
resource allocation and cost savings.

By making data-driven decisions, organizations can

enhance agility, reduce inefficiencies, and gain a
competitive edge in an increasingly dynamic market.
Driving efficiency with
automation
Supply chain automation drives efficiency and speed. It
takes time-consuming and error-prone tasks out of
human hands and runs them effortlessly and accurately.

a key driver of efficiency in modern industries,

streamlining processes, reducing errors, and
increasing productivity.
Driving efficiency with
automation
In supply chain management, automated systems
optimize inventory tracking, order processing, and
logistics coordination, ensuring faster and more accurate
operations.

Robotics and AI-powered software handle repetitive

tasks with precision, freeing up human workers for
more strategic roles.
Building a simplified,
composable IT system
Building a simplified, composable IT system allows
businesses to adapt quickly to changing demands
while maintaining flexibility and efficiency.

Composability is an emerging supply chain technology

trend that involves using modular, “building-block”
software to connect the data between systems for
increased supply chain and operations visibility.
Composable solutions can be especially helpful for
enterprises with a sprawling IT landscape.
Building a simplified,
composable IT system
A composable IT architecture breaks down complex
systems into modular components, enabling
seamless integration and scalability.

This approach reduces operational complexity, enhances

agility, and supports faster innovation.

well-structured IT system improves data flow, security,

and collaboration across departments, ensuring that
businesses can respond swiftly to market changes and
technological advancements.
Internet of Things (IoT)
The Internet of Things (IoT) is revolutionizing data
collection by enabling real-time monitoring and
analysis at every stage of the supply chain. IoT
devices, such as sensors, RFID tags, and GPS
trackers, continuously gather data on inventory
levels, shipment conditions, equipment performance,
and environmental factors.

constant flow of information allows businesses to

improve operational efficiency, reduce losses, and
enhance decision-making.
Internet of Things (IoT)
Collect data at every point using Internet of Things
(IoT) devices

Wi-Fi and Bluetooth have made it possible to use IoT

devices as vital supply chain technology tools. IoT
devices are sensor-fitted objects such as warehouse
stations, shipping containers, and finished products that
transmit data to the people who need to make quick
decisions.
Digital Twins
a virtual representation of a physical object, system, or
process that is continuously updated with real-time data.
It acts as a dynamic digital model that mirrors its real-
world counterpart, allowing businesses to monitor,
analyze, and simulate performance in a virtual
environment.

A growing number of businesses are adding digital twins

to their supply chain technology resources. A digital
supply chain twin is a virtual environment that pulls
data from your actual supply chain so it can run
simulations to improve your decision making.
Digital Twins
How Digital Twins Work:

Data Collection – IoT sensors, AI, and other data sources

gather real-time information from the physical asset.

Virtual Modeling – The collected data is used to create an

accurate, interactive digital model.

Analysis & Simulation – Businesses can run simulations, predict

failures, and optimize performance using AI and advanced analytics.

Decision-Making & Optimization – Insights from the digital twin help

improve efficiency, reduce downtime, and enhance productivity.
Digital Twins
Applications of Digital Twins:

Manufacturing - Predictive maintenance for machines,

optimizing production lines.

Supply Chain - Simulating logistics, inventory management, and risk

assessment.
Blockchain
valuable tool that creates an unalterable record of
transactions. It can make the exchange of goods a
more trustworthy process.

Providing transparency about the origin and journey of

goods and materials is growing in importance.
Governments need to ensure that companies are
complying with regulations, and companies want to build a
reliable supplier network. Consumers are also increasingly
interested in the provenance and sustainability of the
goods they buy, making blockchain technology a forward-
looking investment.
Blockchain

Using blockchain to record the exchange of goods

Blockchain technology is transforming supply chain

management by providing a secure, transparent, and
tamper-proof way to record the exchange of goods.

Each transaction, from manufacturing to delivery, is

recorded on a decentralized ledger, ensuring that all
stakeholders have access to real-time, verified data.
Blockchain
This eliminates the risk of fraud, counterfeiting, and
discrepancies in documentation. Smart contracts
automate processes such as payments and
compliance checks, reducing delays and
administrative costs.

enhances traceability, allowing companies and

consumers to track the origin and journey of products,
ensuring ethical sourcing and quality assurance.

By leveraging blockchain, businesses can build trust,

improve efficiency, and create a more resilient supply
chain.
How these supply chain
trends impact your
business?
Forecast demand more accurately
AI-enabled technology to reduce guesswork and risk at the same time. Having visibility into real-
time upstream and downstream activities and connecting them with external factors such as
weather, current events, and customer reviews will help you make better decisions to meet demand.
Avoid lost profits by using predictive data analysis to reduce stockouts, replenish on time, and
optimize warehouse inventory levels.

Enable on-demand logistics and delivery

No matter what your products or services are, speed is key to your customer experience.
New supply chain technology can deliver on that customer promise. Deploy robotics and
automated workflows in your business to make fulfilling and delivering your products as fast
and economical as possible—which is exactly what consumers expect.
How these supply chain
trends impact your
business?
Streamline procurement processes
It used to be labor-intensive to search for ways to save money along every link of the supply
chain. But companies that use advanced supply chain technology have the advantage of AI working in
the background to crunch numbers. Use AI-enabled software linked to vendor collaboration portals
and catalogs to save money and make procurement decisions quickly.

Monitor operations in real time

With the help of sensor-enabled IoT, supply and demand information can stream continuously
into your business—no matter how quickly fluctuations happen. Maximize the efficiency of your
operations and build resiliency with supply chain and logistics technology that reacts automatically
to challenges.
Thank You!