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Supply Chain Technologies
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Transportation Management System (TMS)
Helps companies plan, execute, and optimize the physical movement of goods.
Internet of Things (IoT)
Enables data collection and exchange between physical objects and the internet which allows for more agile and dynamic supply chain management.
Augmented Reality (AR) for Warehouses
Improves the efficiency of picking and packaging processes in warehouses through overlaying digital information in a user’s field of view.
Demand Forecasting Software
Predicts customer demand to optimize inventory levels in light of forecasted demand.
Cloud Computing for Supply Chains
Provides scalable computing resources over the internet, helping businesses to manage supply chain functions more efficiently within a flexible and accessible framework.
Customer Relationship Management (CRM)
Helps manage a company’s interactions with current and potential customers.
Radio Frequency Identification (RFID)
Allows for automatic identification and tracking of inventory and assets.
Supply Chain Management Software (SCMS)
Offers tools for managing supply chain transactions, managing supplier relationships, and controlling associated business processes.
Artificial Intelligence (AI) in Supply Chain
Enables advanced data analytics for forecasting, enhances automation of routine tasks, and improves decision-making capabilities.
Supplier Relationship Management (SRM)
Focuses on optimizing the post-contract management of suppliers and the interactions with them.
Electronic Data Interchange (EDI)
Enables exchange of business documents in a standard electronic format between business partners.
Enterprise Resource Planning (ERP)
Integrates core business processes, often in real-time, using common databases managed by a database management system.
Inventory Management Software
Tracks inventory levels, orders, sales, and deliveries to prevent product overstock or outages.
Warehouse Management System (WMS)
Controls and administers warehouse operations from the time goods enter a warehouse until they move out.
Big Data Analytics in Supply Chain
Allows for analysis of large and complex data sets to uncover hidden patterns, correlations and other insights for supply chain decision-making.
Blockchain for Supply Chain
Enhances transparency and traceability in the supply chain by securely recording the history of assets and transactions.
Order Management Systems (OMS)
Streamlines the order processing for businesses and ensures that the inventory, order processing, and fulfillment processes are all aligned.
3D Printing
Allows on-demand manufacturing which can potentially reduce the need for warehousing and streamline supply chains.
Drone Technology
Offers an efficient method for stocktaking, surveillance, and in some instances, delivery to customers.
Collaborative Robots (Cobots)
Works alongside humans in a shared workspace without the need for safety barriers, improving efficiency and ergonomics.
Cyber-Physical Systems (CPS)
Integrates computation, networking, and physical processes to provide advanced automation and monitoring in supply chains.
Robotic Process Automation (RPA)
Automate repetitive tasks to speed up supply chain processes and reduce the chances of error, leading to increased efficiency.
Predictive Analytics
Uses statistical models and machine learning techniques to predict future outcomes based on historical data, helping supply chains mitigate risks and increase efficiencies.
Dynamic Pricing Software
Automatically adjusts the price of products in real-time based on demand, market conditions, and inventory levels.
E-Procurement Systems
Facilitates online business-to-business purchase and sale of supplies and services.
Automated Guided Vehicles (AGVs)
Enhances warehouse operations by autonomously transporting materials, thereby reducing manual labor and increasing safety and efficiency.
Supply Chain Network Design Software
Assists businesses in modeling, analyzing, and optimizing their supply chain network structures for improved cost efficiency and service levels.
Digital Twins
Creates a digital representation of a physical supply chain, enabling simulation, analysis, and control.
Autonomous Vehicles
Self-driving vehicles that can be used to deliver goods and improve safety and efficiency within the supply chain.
Supply Chain Visibility Software
Gives real-time data about the movement and status of goods from the point of origin to the final destination, improving transparency.
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