Technology is changing every aspect of people's lives, and especially in the field of supply chain by making shipping and receiving goods more accurate, efficient, and cost less. Traditional systems of supply chain relied on planning the route out first (which is still a needed step in this process) but before, businesses relied on the product making it where it was going to get there on time, and then hope it gets where it is going next quickly and correctly. With new cloud-based management of supply chain, the distributor can actually see where the product is, exactly when it arrived and when it got shipped out. The replacement of many bar coded items with RFID (radio frequency identification) is one specific change made that is revolutionizing the supply chain industry and allowing distributors and buyers to track and monitor their products down to the exact time and place. These advancement in tech makes the process that much easier and more efficient. These advancements allows the distributor to send out more products at once and because of the organization and accuracy of this cloud technology and the use of RFID with products, allowing the supply chain market to continue to grow and mature.
Together, with cloud technologies and RFID another technological thing advancing the supply chain field is the enhancement of IOT or the internet of things. This can be explained as a overlaying system that connects different types of technologies together to increase proficiency and meet the growing demands of producers and consumers. With further advances, and more to come, IOT's are becoming very important to all aspects of the supply chains. All of these technological changes are moving the field forward and helping people in the field to keep up with the rapidly moving industry.
http://www.inboundlogistics.com/cms/article/how-tech-is-reshaping-logistics/
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