What is Technology Doing to Supply Chain Management?

Supply chains have long operated by people performing repetitive tasks. As technology improves, supply chain management is increasingly performed by software, robotics, and other tech. According to Harvard Business Review, the trend clearly shows that technology is replacing people in supply chain management as well as increasing efficiency in the process.

Common Influences of Technology on Supply Chains

Some basic ways that technology has been influencing supply chain management in the last ten years include:

  • The use of radio frequency identification (RFID) for inventory tracking
  • Connection of purchasing options to social media
  • Purchases through manufacturer websites instead of through middlemen

In more recent years, these uses of technology in the supply chain have evolved and expanded. Today, it is common for technology to play a vital role in:

  • Supply chain analytics
  • Digital manufacturing maintenance and planning
  • Business process outsourcing
  • Decision-making based on data, predictive analytics, and more

What Technology is Taking Over in the Supply Chain

As technology is incorporated into more aspects of supply chain management, companies are beginning to expect technology to take over logistics planning, data mining and research, inventory tracking, and analytics. For many companies, these improvements mean fewer jobs but more specialized careers. Software that can be customized to help supply chain management in small businesses is growing, indicating that this shift in employment need and investment will affect corporations large and small.

New Technology Affecting Supply Chain Management

Supply Chain Digital predicts that supply chain technology will continue to increase efficiency and replace old processes in coming years. Some emerging uses of technology in this industry include:

  • Greater use of the cloud among manufacturers and supply chain managers
  • More automation of supply chain functions between businesses and logistics providers
  • Enhanced visibility of blockchain technology, improving safety, efficiency, tracking time, delivery processes, and more

The world’s leading research and advisory company, Gartner, suggests that businesses should test trends on small projects as these technologies continue to grow and impact significant aspects of supply chain management.

Follow us on social media for the latest updates in B2B!



innovations in healthcare
Innovations in Healthcare: A Discussion with Dr. Craig Joseph at HIMSS 2024
May 24, 2024

Innovations in healthcare were easy to spot at the recent HIMSS 2024 conference. Healthcare Rethink’s Brian Urban caught up with one of those innovators for a live discussion at HIMSS 2024. podcast, Their conversation opens a window and dialogue into the cutting-edge trends reshaping healthcare technology today. This episode features Dr. Craig Joseph, the…

Read More
Preventing burnout
Achieving Professional Growth and Preventing Burnout: The Importance of Time Management and Support Networks in a Fast-Paced World
May 23, 2024

In today’s fast-paced world, balancing professional growth with personal well-being is more crucial than ever. With the rise of remote work, digital transformation, and the constant hustle culture, finding this balance has become a significant challenge for many. A survey conducted by Deloitte suggests that a whopping 77% of professionals experience burnout at work….

Read More
Fan-Centric Business Transformation
Prop Room
May 23, 2024

In this episode of the Fans First series, Jesse Cole, the mastermind behind the Savannah Bananas, shares with us that in the vibrant world of marketing, creativity knows no bounds—a philosophy embodied by a prop room and studio teeming with eclectic costumes and outlandish ideas. This creative hub, seemingly disconnected from conventional themes like bananas,…

Read More
Ace Gardner and Jacob Lewis discuss NIL Deals and Transfer Portals
NIL Deals and Transfer Portals are Also Impacting College Staff and Their Roles
May 23, 2024

College sports is undergoing a significant transformation with the advent of Name, Image, and Likeness (NIL) rights and the increasing prevalence of transfer portals. These changes are reshaping how college staff operate, presenting both opportunities and challenges. With the rise of NIL deals and transfer portals, understanding the behind-the-scenes impact on college coaching staff…

Read More