Supply chain of the future

The ability to sense and shape while listening and learning will define the supply chain of the future. Supply chain leaders are currently ushering in the era of big data, predictive analytics, and learning systems. The future rvill belong to those that understand the basics of what has happened in the past but can see the potential of the future. 

Tried to get precise on imprecise data. Supply chains of the future will be based on ranges, they will dance agilely with error and adapt to changing supplier demands. The future is not the integrated supply chain instead, it is about new forms of predictive analytics to deal with uncertainty. 

The supply chain learning system is in our future. Rules-based ontologies, sentiment analysis, learning algorithms based on industry benchmarking in the cloud, and real-time learning systems for supply chain planners are all possibilities. Within 10 years, companies will systemically test and learn based on real-time data. While today s supply chain response is a fixed and often a dumb response based on historic data, the supply chain of the future will listen, test, and learn in real time. 

While the tipping points for Supply Chain 2020 seem far off on the horizon, now is the tune to prepare. The supply chain of the future cannot be built overnight and there is substantial momentum in today s organization that must be overcome. To drive success, build momentum by following this nine-step process ... 

Burner K (2010) The smarter supply chain of the future. Strat Leader 38 22-31 Dolk DR (2000) Integrated model management in the data warehouse era. Eur J Oper Res 122 199-218... 

As businesses come to understand the role of the Internet we will see new models of business evolving. As yet what those models will be is unsure, but one thing is for certain the Internet will have an impact on how supply chains of the future will be managed. 

Whilst we cannot say with certainty what even the next few years will bring by way of change, there are some clear underlying trends which can provide some indication of the backdrop to the supply chain of the future. 

Malik, Y., Niemeyer, A., Ruwadi, B. (2011, January). Building the supply chain of the future. McKinsley Quarterly, 1, 1—10. http //www.mckinsey.com/insights/operations/building the supply chain of the future... 

Identify potential barriers to executing the proposed apparel supply chain of the future. ... 

We have designed this book to help you to start out on the logistics journey and to feel confident with its issues. We hope that it will help you to improve supply chains of the future. 

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