{"id":10313,"date":"2020-10-21T07:00:00","date_gmt":"2020-10-21T15:00:00","guid":{"rendered":"http:\/\/formtek.com\/blog\/?p=10313"},"modified":"2020-08-03T07:58:27","modified_gmt":"2020-08-03T15:58:27","slug":"supply-chain-trends-technology-to-slowly-drive-change","status":"publish","type":"post","link":"https:\/\/formtek.com\/blog\/supply-chain-trends-technology-to-slowly-drive-change\/","title":{"rendered":"Supply Chain Trends: Technology to Slowly Drive Change"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">Advanced technologies are impacting the operation of supply chains.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/www.gartner.com\/analyst\/26056\/Christian-Titze\">Christian Titze<\/a>, vice president analyst with the Gartner Supply Chain Practice, <a href=\"https:\/\/www.gartner.com\/en\/newsroom\/press-releases\/2020-07-16-gartner-identifies-the-top-supply-chain-technology-trends-in-2020\">said that<\/a> &#8220;the vast majority of organizations have a cautious approach to adopting supply chain applications and technologies. Only 21% are willing to consider, and often adopt, early-stage technologies. However, even cautious supply chain leaders must keep an open mind and embrace long-term perpetual change.&#8221;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Some of the technologies that Gartner sees impacting supply chain operations arelisted below.  The technologies often are synergistic and inter-connected.<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Hyperautomation<\/strong> &#8211; end-to-end automation enabled by technologies like RPA, machine learning and artificial intelligence<\/li><li><strong>Digital Supply Chain Twin (DSCT)<\/strong> &#8211; A digital\/virtual simulation of the supply chain that enables modeling to achieve cost and value optimization.<\/li><li><strong>Continuous Intelligence<\/strong> &#8211; Real-time analysis and analytics of event data to better manage inventory, logistics and costs.<\/li><li><strong>Governance and Security<\/strong> &#8211; Minimizes risks of supply chain, logistics and transportation. Incorporates regulatory and customs information.<\/li><li><strong>Edge Computing and Analytics<\/strong> &#8211; The processing and analyzing of data in a network that is closest to the point of collection.<\/li><li><strong>Artificial Intelligence<\/strong> &#8211; Helps supply chain managers improve data handling and governance.<\/li><li><strong>5G Networks<\/strong> &#8211; Improves data transmission sand processing speeds.  Enables real-time visibility of operations.<\/li><li><strong>Immersive Experience<\/strong> &#8211; Improves training of new factory workers and helps providing on-the-job information and instructions.<\/li><\/ul>\n<div class=\"lightsocial_container\"><div class=\"lightsocial_element\"><a class=\"lightsocial_a\" href=\"http:\/\/digg.com\/submit?url=https%3A%2F%2Fformtek.com%2Fblog%2Fsupply-chain-trends-technology-to-slowly-drive-change%2F&amp;title=\" target=\"_blank\"><img decoding=\"async\" class=\"lightsocial_img\" src=\"https:\/\/formtek.com\/blog\/wp-content\/plugins\/light-social\/digg.png\" alt=\"Digg This\" title=\"Digg This\" \/><\/a><\/div><div class=\"lightsocial_element\"><a class=\"lightsocial_a\" href=\"http:\/\/www.reddit.com\/submit?url=https%3A%2F%2Fformtek.com%2Fblog%2Fsupply-chain-trends-technology-to-slowly-drive-change%2F&amp;title=\" target=\"_blank\"><img decoding=\"async\" class=\"lightsocial_img\" 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Only 21%<span class=\"ellipsis\">&hellip;<\/span><\/p>\n<div class=\"read-more\"><a href=\"https:\/\/formtek.com\/blog\/supply-chain-trends-technology-to-slowly-drive-change\/\">Read more &#8250;<\/a><\/div>\n<p><!-- end of .read-more --><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[92],"tags":[],"class_list":["post-10313","post","type-post","status-publish","format-standard","hentry","category-logistics"],"_links":{"self":[{"href":"https:\/\/formtek.com\/blog\/wp-json\/wp\/v2\/posts\/10313","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/formtek.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/formtek.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/formtek.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/formtek.com\/blog\/wp-json\/wp\/v2\/comments?post=10313"}],"version-history":[{"count":1,"href":"https:\/\/formtek.com\/blog\/wp-json\/wp\/v2\/posts\/10313\/revisions"}],"predecessor-version":[{"id":10314,"href":"https:\/\/formtek.com\/blog\/wp-json\/wp\/v2\/posts\/10313\/revisions\/10314"}],"wp:attachment":[{"href":"https:\/\/formtek.com\/blog\/wp-json\/wp\/v2\/media?parent=10313"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/formtek.com\/blog\/wp-json\/wp\/v2\/categories?post=10313"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/formtek.com\/blog\/wp-json\/wp\/v2\/tags?post=10313"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}