5 trends in supply chain 4.0

In the near future, refrigerators will be able to identify products that are about to run out. They will also select items directly from your favorite supermarket. All done automatically, through a mobile app. For corporations that are in tune with trends, Scan and process automation are already a reality. For others, there is still a long way to go in order to become competitive for the new consumption pattern.

In the supply chain, the demands of Industry 4.0 require store owners, retailers, transporters, buyers and suppliers to monitor 360˚, in real time, all stages of the supply chain, so that companies can keep their stocks supplied, without shortages or excesses of products.

In today's text, we share with you 5 trends for supply chain 4.0. Check it out!

Intelligence is the key word for the supply chain of the future

To cope with so many transformations, supply chain 4.0, or simply “supply chain of the future”, establishes a network of intelligent connections using the Internet of Things (IoT), advanced robotics resources and big data analysis. These connections optimize all stages of production, storage and marketing of products.

This step forward is what has helped to ensure companies’ competitiveness. In a market driven by constant transformations, more than ever, it will be essential for supply chain professionals to act strategically and productively.

Below, check out the main trends in supply chain 4.0:

1. Agility

Speed ​​is one of the determining factors in customer satisfaction. In supply chain 4.0, this speed is achieved through strategies to deal with the different factors that influence the supply chain of companies. Managers make decisions based on various internal and external data, such as supply and demand, or market trends, weather, supply of raw materials and maintenance of suppliers' machinery.

2. Flexibility

The agility to make decisions that directly influence the production and distribution of products makes the supply chain capable of being flexible to changes in market demand or partner supply. This makes it possible to foresee potential problems and make decisions to minimize the impact of unforeseen events, as well as make adjustments to the process.

3. Customization

With the ability to manage the entire supply chain in real time, managers can meet the personalized demands of each customer and adapt logistics and production to delivery needs. The use of different delivery systems, such as drones, will be essential to meet the most urgent demands.

4. Accuracy

By having 360˚ management of the entire supply chain, connected 24 hours a day, managers of each company and each department involved in the processes have greater visibility and transparency of all data involving the supply chain. With quick access to information, each leader will be able to make fundamental strategic decisions.

5. Efficiency

Digitizing all supply chain processes makes all tasks related to the supply chain more efficient. This is true both from a production perspective, which is aligned with the company's needs, and from an operational perspective, which will be less prone to errors.

Supply chain configurations can also be updated periodically, based on data that will be collected daily, as well as the incorporation of new technologies to increase productivity and offer increasingly better products.

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