Supply Chain 4.0 in consumer goods
Non-arguably, supply chain has undergone a tremendous change over the last 3 decades or so. Its focus has shifted from a purely operational logistics function to a wholly independent supply-chain management function. Moreover, digitization creates a disruption nowadays and requires companies to rethink the way they design their supply chain. To cope with changed requirements, and enable a wide range of new technologies, supply chains need to become much faster and much more precise. Hence, Supply Chain 4.0: Where supply-chain management applies Industry 4.0 innovations – the Internet of Things, advanced robotics, analytics, and big data – to jump-start performance and customer satisfaction all in one…
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