Tag Archive: automating

Guest Blog by Jyoti Sharma

January 22nd, 2019

3 Ways AI is Transforming the Supply Chain

Artificial intelligence is increasingly becoming a vital part of the leading supply chain companies and is transforming the supply chain system at a very fast rate, even though many companies aren’t ready for it. The new inventions in the logistics IT solutions & various supply chain technologies are leading the organisations to leave their mark of presence in the race of digitisation. The inculcation of AI in the supply chain will help in collecting the data from various different sources and generate that intelligence, which will further help in making the predictions based on the historical pattern of that particular data. This will help in a smooth running of a cognitive supply chain.

The following trends are responsible for transforming supply chain business:

              1. Autonomous vehicle

Various Automotive Industries that are using artificial intelligent applications involve driverless cars that have received the most attention during the rise of this era. Driverless cars are no more a dream. With the development of technology where powerful computers, GPS systems and other small but distinct notable improvements have come up, Driverless cars are no longer a dream. Making all the procedures technology pro and highly efficient.

              2. Robotic solutions

Robotics solution is the one taken up by many distinctive companies for managing warehouse automations. Companies are using artificial intelligence to forecast what order inventory will arrive and leave the warehouse, allowing the pallets to be placed in the correct positions, boosting efficiency in moving products. Such technologies work best under the influence of efficient warehouse management system only.

            3. Drone deliveries

The popularity of drones is swiftly increasing across various industries like e-commerce and logistics. But still, the growing number of drones is posing new challenges like increasing air traffic, laying optimum air routes, dealing with emergencies like collision and managing drone swarms, among others etc. AI enabled drones are eliminating the last mile delivery challenges as it allows drones and other machines to make decisions and operate on their own on your behalf. AI enabled drone delivery is going to be very beneficial for the local deliveries.  

AI is driving the evolution of digital supply chain networks. As we step into the future, there are various AI powered supply chain analytics softwares that empower you to make decisions proactively based on the diverse data across your supply chain. It helps in making your supply chain responsive and enables you to have a real-time control on your supply chain.

This initiative can help supply chain managers to be more dynamic and efficient in designing strategies. Investing in AI is an important next step for supply chain companies looking to lower costs and improve productivity. Supply chains can also use AI to minimize the repetitive manual tasks and begin automating processes. This can enable the companies to reallocate time and resources to their core business.

Author Bio-

I am a budding and aspiring blogger and my area of interests are Supply Chain, Logistics, Retail Logistics, international Freight etc. Being a writer by profession and by choice I like to contribute to various quality websites especially those who talk about my area of interests.

We grow by making people happy and successful.

Jyoti Sharma

Consultant/Writer

Holisollogistics.com



Manufacturing is at a Peak!

December 29th, 2017

Supply Chain Briefing

According to an Industry Week article, manufacturing is at its all-time PEAK!  Not only is it FAR from dead but it is at the highest point in history.  By every measure of industrial production, the U.S. is at record levels.  We are more than twice as high as we were in 1979 when we were at the peak in employment.  

No matter what measure is used, manufacturing is at the top of its game.  Inflation adjusted manufacturing GDP will peak in the 4th quarter of 2017.  Any way you slice it, manufacturing is strong.  Are you thinking about how to leverage this strength?

What Should We Consider and/or What Impacts Could Arise?
Manufacturing isn’t showing signs of slowing down.  In fact, with the recent tax law passage, it could get an additional boost.  Of course, the strong companies are automating and finding ways to provide exceptional customer experiences.   

There is vast potential for growth and success.  

  • Are you working with the strongest suppliers?  
  • If so, do you know how much of their capacity you use?  
  • If they continue to grow, will you continue to receive the same level of service?  
  • Are they continually automating?  
  • Do you have secondary suppliers?  

Remain Competitive and Gain Your Edge
Just because manufacturing is growing, this is by no means a time to rest.  To remain competitive and gain an edge with customers, you need to stay abreast of the latest technologies.  

  • Do you understand your customer expectations?  
  • Are you thinking about what they’ll need one, two and three years from now?  

The most successful companies are definitely thinking AND doing something about it!