SupplyChain Magazine December 2020 | Page 67

RPA In 5 Minutes
ANALYTICS AND ANALYSIS
ARTIFICIAL INTELLIGENCE
RPA In 5 Minutes
CLICK TO WATCH | 5:34
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With that in mind , we ’ re going to take a look at the outlook for 2021 , to see which technologies will be transforming the old , and building new supply chains of tomorrow .
ANALYTICS AND ANALYSIS
Where would the modern world be without analytics and the detailed analysis of them ? In a ditch , I imagine . So , it ’ s unsurprising that “ big data ”, “ data harvesting ”, and “ predictive analytics ” are all set to continue their exponential growth through 2021 .
The information that your company acquires during day-to-day operations of your supply chain network will , undoubtedly , hold a myriad of hidden secrets – if only you ’ d take the time to look for them . Through the collation and analysis of data , both internal and external , you ’ ll quickly be able to identify money-sinks and painpoints where your overall organisational effectiveness and efficiency suffer .
ARTIFICIAL INTELLIGENCE
It seems that supply chain and artificial intelligence ( AI ) are almost synonymous , these days , with the
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