Open AccessA Paradigm Shift : Supply Chain Management 4.0 Triple “A” Method Agile, Anytime Anywhere, Always Visible
Author(s) -
Alok Chandra
Publication year - 2019
Publication title -
international journal of engineering and advanced technology
Language(s) - English
Resource type - Journals
ISSN - 2249-8958
DOI - 10.35940/ijeat.e1072.0785s319
Subject(s) - supply chain , traceability , supply chain management , agile software development , computer science , big data , service management , analytics , paradigm shift , process management , business , marketing , data science , software engineering , philosophy , epistemology , operating system
Supply chain management (SCM) Strategy and design have innovate significantly in recent years. The buzzword currently when managing world-wide supply chains is design to growing(prenominal), incremental global complexity and volatility. Growing compression from fiscal nundinal and the impediment of increasing operating margins and working capital in this environment require efficient planning and execution of Supply Chain 4-0 “Supply Chain 4.0 – the relevancy of the Internet of Things, the application of sophisticated robotics, and the application of sophisticated analytics of big data in supply chain management: employment sensors in everything, Collaborative networks everywhere, automatize anything and everything , and analyse everything to significantly improve performance and customer satisfaction and available any time and from any where . Current paper is an effort to focus on the recent technological advances in supply chain management which is considered as Supply chain 4.0. The changes in ecosystem and benefits derived in in terms of efficiency, trackability, traceability, agility and managing bottom lines are significant.