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About Supply Chain 4.0
The document discusses Industry 4.0 and the transition towards an increasingly automated and data-driven supply chain. Key points include: 1) Industry 4.0 will connect devices and workers in factories to products and consumers through technologies like the Internet of Things and cloud computing. Massive amounts of data will be collected and analyzed. 2) To meet rising consumer expectations around customization, speed and price, companies will need to focus on innovation, agility/visibility, and efficiency through advanced data science and analytics. 3) Successfully implementing Industry 4.0 requires opening data repositories in the cloud, using cloud intelligence layers to derive insights from data, and embedding predictive and prescriptive analytics algorithms.
Detailed Information
| Author: | ['Zubair Sattar'] |
|---|---|
| Publication Year: | 2016 |
| Pages: | 13 |
| Language: | English |
| Format: | |
| Price: | FREE |
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