In these times of the COVID-19 pandemic, supply chain management has become one of the primary areas of focus for business organizations. Especially for manufacturing companies, supply chain management is the critical factor in enabling seamless delivery to the customers. By incorporating the latest technology, businesses can quickly meet the changes in customer expectations. The changing business landscape has increased the requirement for creating a digital environment that integrates the various processes carried out by the different entities in the supply chain.
Digitization is enabling businesses to develop end-to-end supply chain solutions designed to speed up the operations and avert the common bottlenecks. Besides, the utilization of real-time data is allowing them to accelerate various processes like procurement and manufacturing. Automation and AI is also making a significant impact on supply chains. With the emergence of Industry 4.0, supply chain leaders are taking advantage of low-cost sensors, data analytics, and IoT to gain increased visibility and control over every touchpoint of their supply chain. Blockchain technologies like the distributed ledger systems are also being mined for supply chain applications.
The vital supply chain operations, like warehouse management, which includes picking and packing, are making significant headway with robotics technology. With the incorporation of warehouse automation, organizations are utilizing robust sensor technology to facilitate seamless collaboration between automated vehicles and human workers. The impact of warehouse automation is reaching beyond productivity improvements. It enables supply chain leaders to handle fast-changing multichannel and omnichannel requirements, thus supporting same-day and next-day delivery.
As supply chain leaders integrate the best-in-class supply chain technology, optimizing the basic operations’ performance is not sufficient to generate the cost-reduction and quality enhancement required to gain a competitive edge in the market. An increasing number of organizations are seeking robust systems that can reinvent their supply chain management, thus facilitating greater visibility and efficiency throughout the supply chain. In light of such robust innovations underway, companies must incorporate the latest technologies in the market.
In order to assist companies in shoring up their capabilities, we have compiled this issue of MD Tech Review. In this edition, we have listed the top 10 supply chain management solution providers and consulting/ service companies to highlight the ones that can help you escalate your chances of success. Equipped with innovative technological capabilities, these enlisted solution providers and consulting/service companies are transforming the supply chain landscape at the cloverleaf of various disruptive technologies. Besides, the magazine comprises insights from subject-matter experts, CIOs, and CXOs in the software sector on the latest industry trends, best practices, recent innovations, and highlights their expertise. We hope this issue of MD Tech Review helps you build the partnership you and your organization need to foster an environment driven by robust and efficient technology.
We present to you MD Tech Review’s “Top 10 Supply Chain Management Solution Providers - 2020.”