Technology has always been the bridge over the gap in how our processes work, and how they could work. Giant strides in technological advancement, such as artificial intelligence (AI) and machine learning, are enabling our supply chains to embrace the future. It is enabling our businesses to become more efficient and more profitable, through smarter working. Read more
The average media consumer is now highly aware of smart warehousing technology thanks to the likes of Amazon and Ocado. The media has succeeded in making a typically dull topic – warehousing – something exciting and intriguing. Who isn’t intrigued by the futuristic ideas of robots and drones, working in blissful harmony to deliver our goods speedily from A to B? This futuristic smart warehouse, with tracking and gizmos, is a million miles away from the classic warehouse format of shelves upon shelves complete with a fleet of forklift trucks. Read more
Companies that operate with complex machinery, robotics and technology within their supply chains know that maintenance is a must-do. Continual efficient working of machines cannot continue without it. Maintenance is frequently a juggling act, trying to balance production levels with downtime and the cost of downtime.
Therefore, it’s much more efficient and effective to plan maintenance. This ‘preventative maintenance’ is undertaken with the view to reducing downtime by giving machines regular reviews and maintenance work. Read more
Most of us are familiar, to some degree, with blockchain. Starting life in 2008, as a public transaction ledger, it has developed considerably since then. It’s now far more than ‘just’ a tool for cryptocurrency exchanges. Hailed for its ability to improve security, traceability and transparency, it’s being used in a plethora of ways. We see blockchain used in cloud storage, payment methods, business contracts and even supply chain management. These are just four of the most useful areas for blockchain for small business. Read more
Machine learning is providing insight and capability to supply chains in a way we could previously only dream of. Through machine learning, we are able to analyse and understand patterns which emerge, using algorithms to quickly utilise the most important data. Importantly, this process is also founded on continual improvement as the technology adapts. Patterns hold the key to business success in a vast number of ways. It can even revolutionise the way we do things. The fact that this occurs without manual input, using machine learning, is even more incredible. Read more
Blockchain may be the buzz concept of 2018 but there’s good reason for that. Technology emerges when there is a driving need. That’s what has happened here: supply chains are under immense and increasing pressure, with squeezed profit margins and performance visibility paramount. Further pressure comes from consumers themselves who now expect a radically different level of service, but also from regulators, stakeholders, and consumers again who expect a higher level of ethical and environmental responsibility. Read more