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Supply Chain Technologies
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Radio Frequency Identification (RFID)
Allows for automatic identification and tracking of inventory and assets.
Enterprise Resource Planning (ERP)
Integrates core business processes, often in real-time, using common databases managed by a database management system.
Transportation Management System (TMS)
Helps companies plan, execute, and optimize the physical movement of goods.
Supply Chain Management Software (SCMS)
Offers tools for managing supply chain transactions, managing supplier relationships, and controlling associated business processes.
Warehouse Management System (WMS)
Controls and administers warehouse operations from the time goods enter a warehouse until they move out.
Inventory Management Software
Tracks inventory levels, orders, sales, and deliveries to prevent product overstock or outages.
Customer Relationship Management (CRM)
Helps manage a company’s interactions with current and potential customers.
Supplier Relationship Management (SRM)
Focuses on optimizing the post-contract management of suppliers and the interactions with them.
Demand Forecasting Software
Predicts customer demand to optimize inventory levels in light of forecasted demand.
Blockchain for Supply Chain
Enhances transparency and traceability in the supply chain by securely recording the history of assets and transactions.
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.
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.
Electronic Data Interchange (EDI)
Enables exchange of business documents in a standard electronic format between business partners.
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.
Artificial Intelligence (AI) in Supply Chain
Enables advanced data analytics for forecasting, enhances automation of routine tasks, and improves decision-making capabilities.
Drone Technology
Offers an efficient method for stocktaking, surveillance, and in some instances, delivery to customers.
3D Printing
Allows on-demand manufacturing which can potentially reduce the need for warehousing and streamline supply chains.
Autonomous Vehicles
Self-driving vehicles that can be used to deliver goods and improve safety and efficiency within the supply chain.
Cyber-Physical Systems (CPS)
Integrates computation, networking, and physical processes to provide advanced automation and monitoring in supply chains.
Order Management Systems (OMS)
Streamlines the order processing for businesses and ensures that the inventory, order processing, and fulfillment processes are all aligned.
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.
Supply Chain Network Design Software
Assists businesses in modeling, analyzing, and optimizing their supply chain network structures for improved cost efficiency and service levels.
Robotic Process Automation (RPA)
Automate repetitive tasks to speed up supply chain processes and reduce the chances of error, leading to increased efficiency.
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.
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.
Digital Twins
Creates a digital representation of a physical supply chain, enabling simulation, analysis, and control.
Automated Guided Vehicles (AGVs)
Enhances warehouse operations by autonomously transporting materials, thereby reducing manual labor and increasing safety and efficiency.
Collaborative Robots (Cobots)
Works alongside humans in a shared workspace without the need for safety barriers, improving efficiency and ergonomics.
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