Top trends to watch out for in Supply Chain Management in 2021

1. Top trends to watch out for in Supply Chain Management in 2021

3. Internet of Things (IoT) • After understanding the importance of automation, it becomes important to understand the way in which one can achieve the same. IoT devices have revolutionized supply chain management (SCM). • It’s much easier to understand where goods are, how they are being stored and when they can be expected at a specific location. • Adding IoT capabilities to the supply chain would not only digitize the supply chain from farm to fork but also enable superior Inventory management, Fleet management, shipment monitoring. • IoT would also enable real time inventory movement and capture important data to be used for demand and supply planning

4. Automation • Supply chain is always on a lookout for new technology to give a competitive edge in terms of speed and efficiency. • Advancements in robotics, machine learning, RFID solutions and automated trucking has enabled supply chains to optimize its performance. • Automation easily solves the pain areas of shipping demands, customer service, managing labor, real time inventory management and labor. • Industry leaders like Amazon have already implemented automated supply chain solutions and set the bar for the rest of the industry to follow in their retail operations.

5. Block chain • As supply chains grow more complex in nature, involve diverse stakeholders, and mainly rely on a number of external intermediaries, blockchain has emerged as a strong contender for de-tangling all activities to be regulated separately however still linked to display the overall status. • The food supply chain will likely be the first one to undergo major blockchain transformation, especially when it comes to the distribution of fresh produce. • Recalls have been a major and costly industry issue for years. • Thus, several major food-borne bacteria outbreaks, which have recently happened in the US, are encouraging more and more companies to look into blockchain as a new method for increasing visibility and traceability of the goods.

6. Sepio Products • Sepio Products is an IoT platform focused on transforming supply chain security and efficiency by creating unique digital identities for products and shipments and tracking them through their lifecycle. • Sepio is industry leader in security products and solutions • Sepio has more than 2000 happy customers. • Sepio has rich experience in supply chain & digital technologies. • For more information about rfid solutions, visit to Top trends to watch out for in Supply Chain Management in 2021

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