The supply chain profession entered the year leading the digitalization of ecosystems, delivering the customer experience, managing trade uncertainty and applying circular economy concepts.
Digital technologies have deeply changed the way societies exchange information and interact with each other Technological novelties have altered how people communicate and share information.
The evolution of SCM 4.0 is being driven by new information technologies, including Big Data, cloud computing, the Internet of Things (IoT), radio frequency identification (RFID), 3-D printing, robotics, global digital networks, artificial intelligence, and augmented reality. Global supply chain flows will become increasingly digital and integrated, and end-to-end data will be driven in real time, exponentially increasing upstream information flows.” This new paradigm calls for a new management culture. We call this management culture “Supply Chain Management 4.0.”
This novel technology will affect the logistics, supply chains, manufacturing and transportation industries. Therefore, the future of every industry will be opened on innovation and technology. Every industry is going through a rapid transformation that appeared with the fourth industrial revolution.
As a Project manager what measures are you going to take for your organization under below mentioned critical questions:
Critical Question(s)
Ques-1-Looking ahead to 2022 and beyond, what does the future hold for the supply chain? (2- Marks)
Ques-2-What technology disruptors deserve immediate attention? (2- Marks)
Ques-3-What are the biggest risks being faced by the supply chain leaders? (2- Marks)
Ques-4-What role does social media play in supply chain strategy going forwards? (2- Marks)
Ques-5-What are the future necessities in the field of SCM4.0 applied to sustainable supply chain management? (2- Marks)
Find below some reference sites for your kind information:
https://sdl.edu.sa
https://www.researchgate.net
https://www.gartner.com
https://www.emerald.com/
Sample Solution
The renowned Austrian nervous system specialist Sigmund Freud had built up the hypothesis of therapy, or a technique where an examiner finds oblivious issues dependent on dreams and dreams. In spite of the fact that, they are various sorts and implications of a 'fantasy,' a longing 'dream' is still groundbreaking. A genuine dream is something we will never abandon. We will progress in the direction of it until we have picked up our actual potential. Some case they are dreams, that they are exceptionally ridiculous. Be that as it may, it is a direct result of ourselves that something was not picked up. We as a whole simply prefer to censure others for ou In any case, what we don't understand is that our disappointments are what pushes us ahead. We just need to gain from our mix-ups and proceed with our excursion. Since with a genuine dream, it is about the excursion, not about our goal. A few of us simply don't completely put stock in ourselves for the fantasy to turn into a reality. The individuals caught in a fixed attitude are found they set disillusionment when admiring their objectives. Their lower confidence keeps them from succeeding � or in any event, attempting � in anything. They follow the strides of the 'failures', 'I discuss dreams, Which are the offspring of an inactive mind, Begot of only vain dream.' (Shakespeare) In their viewpoint, a fantasy is a bad dream, something not worth working for. We as a whole let things impede genuine dream being satisfied now and again, however in the event that the craving is something you truly need, you would effectively be fruitful. Colin Powell once reassuringly directed, 'A fantasy doesn't turn into a reality through enchantment; it takes sweat, assurance, and hard work,'(1967) and a few of us don't have the foggiest idea about the genuine meaning of assurance. We anticipate that things should consequently be finished. In any case, we need to win the odds, the chances and the positive conditions. Dreams cut out open doors for us all. It will persuade us and consistently be the straight way to our life course. These unlimited objectives help our certainty. Following dreams spells SUCCESS over our temples. Furthermore, a fantasy can't be without a goal. Prophet Muhammad is one of the best individuals in history in light of the fact that, ' he was the main man in history who was especially effective on both the strict and common levels' (Hart). At the end of the day, he followed a way, defeated all hindrances, and got prosperous. He followed his fantasy. My dad propelled himself harder, until he arrived at his own end goal. Furthermore, I also will keep on building my extension out of my own precious stone and graphene. >
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