Staying at the forefront in supply chain requires a willingness to make big changes, and so levying risk is an inherent factor for success. Target lost nearly $1 billion moving into Canada last year, and Boeing and Airbus have shifted toward lightweight materials to build their new aircraft, causing delays. Maija Palmer analyzes what she sees as the past, present, and future of supply chain tech innovation.
In the last five to ten years, RFID was the hot new thing, especially with Walmart mandating its use. But Palmer does not anticipate it becoming as prevalent as was originally anticipated. At present, automation software and collaboration platforms to increase efficiency are the big trend. And in the future, 3D printing could be a game changer, when consumers and businesses are able to purchase software that allows them to print a given part that they need on demand. For more, you can read Palmer’s full article here: http://www.ft.com/cms/s/0/322d7b4c-4f99-11e4-908e-00144feab7de.html#axzz3GsNjJp8s