Change is the only constant in Supply Chain Management (SCM) — Amplo Global Inc.

The ancient Greek philosopher Heraclitus observed that you cannot step in the same river twice. Not only is the river constantly evolving, but so are you. In fact, as the maxim goes, change is the only constant. It might be subtle in some quarters, taking years to be discernible. But in other areas, change can upend the old way of doing things in mere years.
A prime example of rapid and relentless evolution is supply chain management (SCM). New technologies and innovations have significantly boosted its capabilities, and SCM is now able to deliver a lot more than what was thought possible a few years back. Here is a look at some of the exciting new developments in the world of SCM.

Automation in data analytics
The proliferation of sensors and IoT devices throughout the supply chain means that incoming data has grown from a trickle to a torrent. The manual approach of sifting through this data, especially in real-time, is no longer scalable or sustainable. So how can decision-makers keep track of what is happening throughout the supply chain without getting overwhelmed? Well, this is a challenge tailor-made for artificial intelligence and machine learning! All you have to do is feed in the raw data and let intelligent algorithms analyze it, connect the dots and, in the blink of an eye, come back with prescriptions and predictions.
Solution providers like Amplo Global, for example, specialize in the convergence of AL, ML and design-led strategy, and can help you not only set up these intelligent systems, but also ensure that they evolve as your business grows and new types of data flow in. Moreover, since the solution is cloud-based, supply chain businesses are not bogged down by heavy Capex requirements for on-premise hardware.