Technology That Will Change Logistics
Introduction
Logistics and supply chain management have always been a challenging area for companies, military organizations, and governments. With globalization and the increased complexity of supply chain networks, it is becoming increasingly difficult to ensure that goods are delivered on time, at the right place, and at the right cost. Furthermore, the COVID-19 pandemic has highlighted the vulnerability of supply chains, leading many organizations to seek ways to improve their resilience and agility. This paper aims to analyze the impact of new technologies on supply chain management, focusing on their potential to disrupt existing paradigms. The paper will consider various areas of exploration, including cybersecurity, disruptive technology, and app-based solutions, to understand how they are transforming supply chain management. It will also examine the commercial, military, and government aspects of supply chain management to understand how these technologies are being applied in different contexts.
Current Uses of Technology in Supply Chain Management
Technology has always played a critical role in supply chain management. However, recent advances in digital technology, such as the Internet of Things (IoT), Artificial Intelligence (AI), and Blockchain, have the potential to revolutionize supply chain management and logistics (Paksoy et al., 2020). These technologies are already being used in various industries and contexts, including the military, business, and government.
The military has been an early adopter of supply chain technology. For instance, the US Department of Defense has been using RFID tags to track goods and equipment in its supply chain since 2003 (Castro & Wamba, 2007). The military also uses autonomous vehicles, drones, and robots to transport goods and equipment in the battlefield. These technologies have improved logistics efficiency, reduced costs, and increased the safety of military personnel.
In the business sector, companies are using technology to improve supply chain visibility, traceability, and sustainability. For example, companies like Walmart and Amazon are using blockchain technology to track the origin of products and ensure their authenticity (Shen et al., 2022). This technology helps to reduce the risk of counterfeit products and increase transparency in the supply chain. Similarly, companies are using IoT sensors to monitor the temperature, humidity, and location of goods in transit, which helps to prevent spoilage and damage.
Governments are also using technology to improve their supply chain management practices. For instance, the Indian government has launched a digital platform called e-NAM, which connects farmers with markets and buyers (Yadav et al., 2021). This platform helps to reduce inefficiencies in the supply chain and ensures that farmers get a fair price for their products. Similarly, the US government has launched the Automated Commercial Environment (ACE) system, which streamlines the import and export of goods and reduces the time and cost associated with customs clearance (Angert, 2019).
Moreover, the COVID-19 pandemic has had a significant impact on supply chains around the world. As countries closed borders, factories shut down, and transportation systems ground to a halt, businesses were forced to adapt quickly to changing conditions. In this context, the adoption of new technology in supply chain management has become more important than ever. logistics providers like DHL and FedEx have used real-time tracking information to help businesses manage supply chain disruptions caused by the pandemic. By providing customers with up-to-date information on the location and status of their shipments, these providers have helped to mitigate the impact of delays and other disruptions.
Another area where technology has been critical during the pandemic is in inventory management. As demand patterns shifted rapidly in response to the pandemic, businesses were forced to adjust their inventory levels to meet changing customer needs. AI-powered systems have been used to help businesses optimize their inventory levels and to forecast demand more accurately. For instance, Amazon has used AI-powered systems to manage inventory levels and to ensure that critical products are in stock.
The pandemic has also highlighted the importance of cybersecurity in supply chain management. With more employees working remotely, businesses have been forced to rely on digital communication and collaboration tools more than ever before. This has created new vulnerabilities that can be exploited by cybercriminals. Businesses must be prepared to invest in cybersecurity measures, such as firewalls, antivirus software, and employee training, to ensure that their supply chains remain secure. The pandemic has also underscored the importance of resilience in supply chain management. Businesses must be prepared to adapt quickly to changing conditions and to implement new technologies and processes to ensure that their supply chains remain operational. This requires a flexible organizational structure that can quickly respond to new challenges and opportunities.
Three Best Arguments Supporting the Use of Technology in Supply Chain Management
In todays digital-centric world, the use of technology to enhance and manage supply chains is paramount. Technology can help by supporting better inventory management, quicker order processing, smoother customer service, and more efficient warehousing. Among the top benefits, however, are increased visibility and efficiency, improved scalability and cost savings. Increased visibility allows organizations to get real-time data across their entire supply chain whenever they need it with the help of IoT; this data accuracy helps organizations forecast inventory needs better and move products faster. With the proper implementation of technology in Supply Chain Management, organizations are also able to achieve greater scalability while managing expenses and reducing risk. Finally, automated systems offer substantial cost savings as manual labor costs decrease which leads to reduced overhead costs. The three best arguments for supporting the use of technology in Supply Chain Management include increased visibility, improved scalability and lowered cost structure (Paksoy et al., 2020).
Technology can help to improve supply chain efficiency by reducing the time and cost associated with logistics processes. For instance, IoT sensors can help to track the location of goods in real-time, which helps to optimize transportation routes and reduce the time spent on delivery. As a result, the use of IoT sensors in supply chain management has significantly improved the way companies track and manage their goods. By integrating IoT sensors into the supply chain process, companies can collect and analyze real-time data on the location, condition, and status of goods in transit. This allows for the optimizatoin of transportation routes, the potential to reduce delivery time and improve overall supply chain efficiency.
IoT sensors are easy to install and non-invasive, as they are embedded in the packaging or attached to the products themselves, and they transmit data through a...
…and support to ensure widespread adoption.Finally, the adoption of new technology may require changes to existing business processes and organizational structures. Companies may need to retrain employees, revise job descriptions, or develop new partnerships with other stakeholders in the supply chain to ensure that the technology is integrated effectively. For instance, businesses may need to hire data analysts, software developers, or cybersecurity specialists to manage and maintain new systems. Military and governmental organizations (or businesses as well) may need to develop new partnerships with other stakeholders in the supply chain, such as logistics providers, to ensure that the technology is integrated effectively. The adoption of new technology may even require organizations (no matter the sector or industry) to revise their organizational structures. For instance, they may need to create new departments or teams to manage and maintain new systems. Similarly, they may need to revise reporting structures or decision-making processes to ensure that the technology is used effectively and that decisions are made based on accurate data.
All in all, the adoption of new technology in supply chain management has countless ramifications that affect all three sectors. For businesses, new technology can streamline and automate their processes, resulting in cost savings, operational efficiency, and competitive edge. For the military, the faster delivery of components and replacement parts reduces downtime for critical operations and enhances response time to global threats. For governments, more agile tracking measures mean increased security of national resources and better management of international trade programs. In each case, there is a degree of risk associated with adopting new technology; making sure this is adequately evaluated before implementation will ensure it is managed properly.
In conclusion, the adoption of new technology in supply chain management has the potential to transform existing paradigms and improve the efficiency, visibility, and resilience of supply chains. However, companies must carefully consider the costs, risks, and organizational implications of adopting new technologies to ensure that they are integrated effectively and produce the desired outcomes. For one thing, companies may be reluctant to share data and collaborate with other stakeholders in the supply chain, which can limit the effectiveness of new technologies. They may also not be able to obtain the skilled labor needed to oversee and maintain the type of advanced technology that can help advance and enhance supply chain management. Nonetheless, as technology continues to develop, it is essential that companies, military organizations, and governments stay up-to-date on the latest trends and developments to remain competitive and ensure the success of their supply chain operations. From a purely operational standpoint, new technologies may help to increase process efficiency and streamline manual workflows leading to significant cost savings over time. On the financial side, investments to upgrade existing systems require careful consideration, as the return on these investments may not be immediate and thus need to be balanced against other potential capital needs. Additionally, personnel changes resulting from automation often necessitate additional training investments or even staff attrition in order to adjust accordingly. Thus, it is important that businesses, military, and governments consider the prosand cons of new technology implementation in supply chain management, including what would happen if they do use…
References
Angert, S. (2019). Blockchain technology implementation in the US customs environment. NavalPostgraduate School Monterey United States.
Castro, L., & Wamba, S. F. (2007). An inside look at RFID technology. Journal of TechnologyManagement & Innovation, 2(1), 128-141.
Paksoy, T., Kochan, C. G., & Ali, S. S. (Eds.). (2020). Logistics 4.0: Digital transformation ofsupply chain management. CRC Press.
Shen, B., Dong, C., & Minner, S. (2022). Combating copycats in the supply chain withpermissioned blockchain technology. Production and Operations Management, 31(1), 138-154.
Yadav, J., Misra, M., & Goundar, S. (2021). Autonomous agriculture marketing informationsystem through blockchain: A case study of e-NAM adoption in India. In Blockchain Technologies, Applications and Cryptocurrencies: Current Practice and Future Trends (pp. 115-138).
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