The supply chain industry is not what it used to be. Today, it is much easier for businesses to improve their processes – thanks to commendable technology, the supply chain world has progressed beyond what could even be perceived as possible a few years ago.
Considering that supply chains are an integral component of the success of any business, it makes sense that they are increasingly being focused on when it comes to development. With the help of various technologies such as warehouse, inventory, and order management systems as well as labour management and warehouse control software, businesses can smoothen the logistics progress today to a very great extent.
If you are looking to bring yourself up to speed with the latest technology stats, then have a look below: we have curated a massive list of supply chain technology stats that cover advancements in technology, logistics technology, and 3PL technology that you can refer to if you are looking to considerably increase your knowledge about your industry.
The supply chain is often referred to as the life-blood of a company – and these statistics prove the truth in that statement.
There are some challenges that the supply chain industry still has to face; at least according to the following statistics.
Robots have not taken over the world yet – but they sure have been providing us with unparalleled convenience the past decade or so. The stats on technology advancements as listed below will blow your mind away.
The world of warehouse, inventory, and fulfilment will benefit the most from technology. Here, have a look:
The fool-proof way of ensuring your success in the world of supply chain as a logistics provider is to invest in technology that can greatly simplify your job for you. Thanks to advancements in artificial intelligence, some tools available in the market such as Canary7 can really help you streamline the fulfilment process.
Some 3PLs may hesitate from depending on technology – afraid that it is costly and hard to maintain. However, this is not the case. If you play your cards right, you can sort out the supply chain experiences and ensure that you are on the right track to success.
The misconception is that technology is foe, and artificial intelligence exists to replace our jobs. Although the latter is more or less an inevitable reality, it must be acknowledged that if used the right way, the sole purpose of artificial intelligence and technology today is to help humans, including those in the logistics industry!
So, now is the time to make technology your friend and in turn, make your life better by miles.