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Enabling the Autonomous Supply Chain with IoT, AI and Blockchain.

The integration of internet of things (IoT), artificial intelligence (AI), and blockchain technology has the potential to revolutionize the supply chain by making it more efficient, transparent, and secure. Here are some ways that these technologies can be used to enable an autonomous supply chain:

  1. IoT sensors can be attached to various points in the supply chain, such as on trucks, shipping containers, and warehouse shelves, to gather real-time data about the location and condition of goods. This data can be used to optimize routes and improve forecasting.
  2. AI algorithms can analyze the data collected by the IoT sensors to identify patterns and trends, making it possible to predict demand and optimize inventory levels.
  3. Blockchain can be used to securely record and track transactions and data exchanges within the supply chain. This can help to improve visibility, reduce the risk of fraud, and enable real-time tracking of goods.
  4. By integrating these technologies, it becomes possible to automate many of the processes within the supply chain, reducing the need for manual intervention and increasing efficiency.

Overall, the use of IoT, AI, and blockchain in the supply chain can help to increase transparency, reduce costs, and improve the efficiency of logistics and distribution.

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Supply Chain Quotes

  • “Residential drone delivery is being tested by a variety of companies.  From delivering packages to delivering pizza, drone delivery is in the near future.” ~SupplyChainToday.com.
  • “It takes 20 years to build a reputation and five minutes to ruin it. If you think about that, you’ll do things differently.” ~Warren Buffett, CEO of Berkshire Hathaway.
  • “Supply Chain is like nature, it is all around us.” ~Dave Waters
  • “The future of the predictive supply chain: Artificial Intelligence; Machine Learning; Deep Learning.”
  • “All we are doing is looking at the time line, from the moment the customer gives us an order to the point when we collect the cash. And we are reducing the time line by reducing the non-value adding wastes.”  ~Taiichi Ohno
  • “The supply chain stuff is really tricky.” ~Elon Musk, CEO of Tesla and SpaceX.
  • “Supply chain is in the crawling stage of using artificial intelligence.  In the next 5 years AI will revolutionize supply chain in ways most people haven’t even though of yet.” ~Dave Waters

The first to fully integrate the following technologies will create a near autonomous supply chain: IoT, Big Data, Blockchain, 3D Printing, Artificial Intelligence, Machine Learning, and Deep Learning.” ~EverythingSupplyChain.com

Autonomous Supply Chain

“Self-driving vehicles will automatically choose the most efficient route.  Artificial intelligence will dramatically improve logistics.” ~Dave Waters

autonomous Supply Chain

“The key with autonomous is the whole ecosystem.  One of the keys to having truly fully autonomous is vehicles talking to each other.” ~Mary Barr, CEO GM

autonomous Supply Chain
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