Technology is something we read about frequently while searching for items for our recaps because it’s in our professional and personal lives daily. Because of the nature of ever-changing technology in supply chain and logistics, the need for evaluation seems to be needed more frequently. Inbound Logistics lists a few things as currently emergent issues:
RFID Technologies: We know that barcodes have been replaced with RFID and it has moved technology forward for the supply chain industry. Not only has it been useful for inventory but also for keeping machinery from needing repair as well as keeping products safe temperature-wise. The technology allows inventory to be managed real-time.
Cloud Integrations: Inbound Logistics reported, “According to Gartner’s research vice president, cloud-based software in logistics is estimated to increase by 40 percent in 2017, primarily because of its ability to connect teams and monitor the exact whereabouts of a shipment. Additionally, cloud-based technologies are universally accessible, which means systems can be accessed from virtually any location, at any time.”
IoT Enhancements: “The Internet of Things will influence supply chain management in profound ways,” including integrating Bluetooth, RFID, and cloud technology to increase the efficacy of the process, again, saving time and therefore, the bottomline. They said, “to keep pace with the advancements in technology, continued education is necessary for supply chain managers and other similar STEM careers in logistics.”
What has the Internet disrupted?
In Entrepreneur magazine is an article, 9 Examples of How the Internet of Things (IoT) is Already Disrupting Just About Everything. “The Internet of Things, or IoT, is one of the buzziest terms at present. Many developing technologies are part of this space. The IoT is a network of physical objects (the “things”) embedded with electronics, software, sensors and network connectivity.” From retail to the way we manage our lives, the list provides back up to what we are reading… it is extremely important to continually evaluate new technology.