Supply Chain 4.0: Improving Supply Chains with Analytics and Industry 4.0 Technologies

Supply Chain 4.0 uses automation, predictive analytics, and the latest technologies for the last mile delivery to better match supply with demand, optimize operations, and reduce costs. This edited collection includes contributions from leading international researchers and highlights market requirements and case studies of cutting-edge applications.

Format: Paperback / softback
Length: 312 pages
Publication date: 03 February 2021
Publisher: Kogan Page Ltd

Supply Chain 4.0 has revolutionized the realm of logistics and supply chain management by introducing automation into various processes. By leveraging predictive analytics, it strives to enhance the accuracy of supply-demand matching, optimize operations, and employ cutting-edge technologies for the final mile delivery, including drones and autonomous robots. This transformative approach aims to streamline operations, reduce costs, and create new services and business processes.

Supply Chain 4.0 encompasses a range of innovative methods, techniques, and information systems that facilitate the coordination and optimization of logistics operations. It seeks to minimize operational costs while introducing entirely new services and business processes. This edited collection features contributions from renowned international researchers from both academia and industry. It explores the latest technologies, such as automation, big data, the Internet of Things, and decision support systems for transportation and logistics. Furthermore, it emphasizes market requirements and showcases case studies of cutting-edge applications developed by industry innovators.

The impact of Supply Chain 4.0 is far-reaching, as it enables organizations to enhance their competitiveness, improve customer satisfaction, and achieve sustainability goals. By leveraging automation, organizations can reduce labor costs, increase efficiency, and reduce waste. Additionally, the use of predictive analytics allows for more accurate forecasting and planning, leading to better inventory management and reduced stockouts.

Furthermore, Supply Chain 4.0 enables the integration of various technologies, such as blockchain, artificial intelligence, and the Internet of Things, to create a seamless and transparent supply chain. This integration allows for real-time tracking and monitoring of goods, reducing the risk of fraud and improving supply chain visibility.

In conclusion, Supply Chain 4.0 has brought about a significant transformation in the logistics and supply chain management industry. By introducing automation, predictive analytics, and cutting-edge technologies, organizations can optimize their operations, reduce costs, and create new services. The impact of Supply Chain 4.0 is far-reaching, enabling organizations to enhance their competitiveness, improve customer satisfaction, and achieve sustainability goals. As the industry continues to evolve, it is exciting to see how Supply Chain 4.0 will shape the future of logistics and supply chain management.

Weight: 480g
Dimension: 157 x 233 x 22 (mm)
ISBN-13: 9781789660739