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Automation in Supply Chain
It's no secret that technology has changed the way we live and do business. But what may be surprising is just how much this change has impacted the supply chain. From procurement to delivery, automation is changing the game.
For businesses, this means that staying ahead of the curve is more important than ever. Those that are able to adopt new technologies and processes quickly will be better equipped to compete in today's market.
One area where this is particularly evident is in the field of logistics. Advances in robotics and artificial intelligence are making it possible for machines to take on tasks that were once done by humans. This is resulting in faster, more efficient delivery systems.
In addition, automation is also having a major impact on inventory management. Technologies such as RFID and blockchain are making it easier to track items throughout the supply chain.
How to Know If a Career in STEM is Right For You If you are thinking of a career in science, technology, engineering or math (STEM), it is important to first ask yourself if this is the right path for you. Steered offers live video courses to help students explore careers and make the right decision for their future.
One of the main advantages of using steered courses is that they offer automation in the supply chain. This means that you can get all the information you need about a particular career, without having to go through a lot of different websites or search engines. The courses are also very affordable, and they can be accessed from anywhere in the world.
The best way to find out if a career in STEM is right for you is to take a course from Steered. You can try out different careers and see which one fits your personality and skillset.
How to Know If a Career in STEM is Right For You A career in STEM can be a great choice for you if you are interested in solving problems, have a strong math and science background, and enjoy working with technology. If you are unsure if a career in STEM is right for you, ask yourself the following questions:
1. Do I enjoy problem-solving?
2. Do I have a strong math and science background?
3. Do I enjoy working with technology?
If you answered yes to most of these questions, then a career in STEM may be right for you. However, it is important to note that careers in STEM can be demanding and challenging, so make sure that you are prepared for a rigorous course load and long hours spent in the lab or at your computer.
The Future of Automation in Supply Chain The future of automation in supply chain is shrouded in potential but fraught with uncertainty. But despite the many unknowns, there are a number of factors that suggest that the application of robotics and artificial intelligence (AI) in logistics and supply chain will increase in the coming years.
First, automation can boost efficiency and throughput by reducing or eliminating human error. Second, the rise of e-commerce has created new opportunities for automation in fulfillment and delivery. Third, falling hardware costs are making robotics and AI more affordable for businesses of all sizes.
Fourth, there is a growing demand for “just-in-time” inventory management and last-mile delivery, which can be enabled through automation. Finally, the development of autonomous vehicles may eventually lead to a revolution in logistics and supply chain – though this is still many years away.
ABOUT THE PRINCIPAL AUTHOR
Today, Vivek and his partners are among 20-30 people on the planet earth who have this deep understanding of supply chain systems, practices and tools. CEOs, COOs, executives and Boards call them in most challenging situations once they know the full potential of supply chain based transformations. Following are key milestones in Vivek's journey:
- Started in 1983 as a merchant navy cadet at 18 years age, worked his way to qualify as a Captain – qualified to take command of any merchant ship, worldwide.
- Earned a top tier MBA from UNSW at the top of his class.
- Joined highly regarded strategy consulting firm Booz Allen & Hamilton, consulting to the CEOs, Boards and senior management of global corporations within Australia.
- To learn and specialise in supply chain – against all odds, sought out the co-inventor of supply chain in Germany and convinced him to be a partner in his firm, GLOBAL SUPPLY CHAIN GROUP, launched in January 2000.
- More than 500 successful blue chip projects with high impact business transformations in large corporations using the full power of SUPPLY CHAIN MANAGEMENT.
- 4 Seminal and path breaking business books IN SUPPLY CHAIN MANAGEMENT – these are available in bookstores and universities and libraries worldwide.
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WHAT OTHERS ARE SAYING
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THE 5-STAR BUSINESS NETWORK
If you are deeply passionate about the world of business and supply chain networks as I am, and enjoy digging answers to critical questions that will help build and steer your business with wisdom, then join me. This book is a journey of exploration through the world of business networks that run along the veins of today’s commercial world.
OUTPERFORM OUTSOURCE OUTPROFIT
The trend of outsourcing continues to grow unabated with the whole gamut of services, from simple to mission-critical tasks. There is not a single company on earth that does not outsource anything. It is not just about cost arbitrage, it is also a finer expression of division of labour at the organisational level. Like all leverage, outsourcing is a double-edged sword too. On one hand, it allows you to do more, faster. On the other hand, if it goes bad, it can easily kill your business. If you do not believe that is possible – you can google the Fox Meyer saga from the 90s and see for yourself.
UNCHAIN YOUR CORPORATION
Businesses Are Chained By Unseen Chains. If You Are Looking For Ways To “Unchain Your Corporation” A Successful Business Transformation Is Required.
Successful Business Transformations Are Difficult, Yet Rewarding.
Business Transformation Is Fast Becoming A Question Of Survival In The Modern Globalised Era.
Modern Supply Chains Integrate Businesses And Economies Faster By Systematic Information Sharing From Internal And External Sources.
Companies Can Multiply Profits By Progressively Ramping Up Cohesion And Collaboration Of All Moving Parts In B2B Network To Achieve Tighter Integration.
GREEN SUPPLY CHAIN – AN ACTION MANIFESTO
It is generally accepted that environmental consciousness is now changing to environmental proactiveness as organizations are discovering that it makes good commercial sense.
Boards are asking the management to review their policies related to environmental norms, not only to bolster their corporate social responsibility aims, but also because consumers are asking for greener supply chains
It is also widely agreed that consumers will increasingly prefer to buy more and even pay more for products or services provided in an environmentally sound manner.