“Known for sizeable amounts of data stored in different ways and different systems, the supply chain industry has perhaps the most to gain from implementing innovative solutions and technologies.
Supply Chain Visibility (SCV) is no longer just a great thing to have for companies looking to digitize supply chain; in 2019, it was a prerequisite — and in 2020, it needs to take another step forward to becoming real-time. This real-time data insights would enable to transform, convey efficiencies resulting in improved customer experience. Hence, this year will see a heightened focus by supply chain enterprises implementing cutting-edge SCV solutions into their operations.
Another technology trend that we witnessed in 2019 was a dramatic rise in smart tech for tracking purpose in last mile delivery. End to End connectivity in last-mile delivery is one link in supply chain already well into transformation. Information captured when applied through analytics allows to isolate cost-impacting features too. We see this trend only expanding further as we enter 2020.”