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Actions and preparation for the next decade
Mobile Application Development Company also asked what leaders are doing right now in terms of preparing for the new market conditions in the next ten years.
The answers explained that, although labor training continues to be relevant, many are already exploring other alternatives to improve their supply chains.
Among those new actions, those that show the highest priority since 2015 would be: "Recruit different skills that align with the needs of the future" - 48% in 2017 compared to 38% in 2015; "Actively partner with our suppliers to better understand the applications and business benefits" - 54% in 2017 vs.
45% in 2015- and "Start to try new technologies" with 46%, compared to 41% in 2015.
Innovative technologies that drive the New Generation of Supply Chains
1. IoT - Internet of Things
To compete and gain market share in this new scenario, supply chain leaders must put their attention on digital security and the training of specialized professionals to adopt and develop IoT Application Development.
In addition to this, they should also be able to coordinate with managers, not only the return on the investment of supply chain technologies, but also the risks of not adopting them.
2. Automation and robotics
The next generation of supply chains will use robots and automation to perform manual tasks such as manipulating, classifying, storing, sorting, selecting and inspecting products to improve overall efficiency.
The implementation of robotics and automation continues to grow as organizations seek new ways to be competitive. According to the referenced report, the adoption of these technologies is 37% at present. However, the central point of this process is that the anticipation of adoption has been estimated above 53% in the next two years and that with an increase to 71% in the next five years.
Read the blog- 10 Plan-of-actions you must leverage to be Future ready for IoT
This significant increase in the adoption rate proves that organizations recognize that robotics and automation are becoming a fundamental tool to maintain and increase competitive advantage in the new digital supply chain, on demand and always connected.
In addition, as automation has become more intelligent, safer, faster and more accurate, it has also significantly reduced its cost and is easier to implement, which leads to higher adoption rates.
The professionals surveyed also reported that automation is a disruptive factor in the growth of their companies and 61% of respondents said they are altering the industry or providing competitive advantages, compared to only 39% in 2015.
Robots have developed significantly and currently have more "human" characteristics than before, such as skills, memory, sensations and training potential, which makes automation an excellent solution for simple and repetitive tasks of material handling.
The percentage is even higher in distribution centers, warehousing and logistics operations with a 66% implementation for tasks such as selection, reception or loading.
3. Invest in robotics to be more competitive
Although the current rate of adoption of robotics and automation is 37%, the predictions indicate that it will skyrocket to 71% in the next five years.
Why? Because the professionals in the supply chain observe and know that intelligent robots offer a competitive advantage.
As consumers - especially the new digital consumer - demand faster deliveries and the ability to manage order orders across multiple channels - single channel - is on the rise, workers in supply chains will have to become exponentially faster to keeping pace and human labor simply cannot be intensified in that way.
While automation continues to develop and become more intelligent, it also becomes more accessible, which mitigates the previous barrier of entry costs for IoT App Development Company.
Besides that, companies can save on labor and increase production, offering an attractive return on investment that explains the predicted future adoption rate of 71%.
4. Collaborative robotics
Reports have pointed out that the augment of collaborative robotics is creating visible increases in productivity as safety barriers and sensors that alienated man from the machine began to ebb.
Without pause, robots are developing that are increasingly "intelligent", which allows them to work together with people with greater security and to create a division of tasks between humans and robots in which each one deals with what he can do best. Do simultaneously, increasing productivity.
As robots begin to perform more and more repetitive and monotonous tasks, employees can concentrate on achieving operational improvements, which makes jobs in the industry more interesting and much more attractive.
A new supply chain of fashion is being developed by custom software Development Company and with it, we will give the appropriate response to our new digital client.
