The technological revolution and globalisation
1990S
The 1990s to 2000s saw the supply chain industry further grow with the invention of solutions such as ERP and advanced planning and scheduling , as well as the increase in global imports and exports ; in 2006 , US imports from China grew from US $ 45bn ( 1995 ) to over US $ 280bn .
1982 1996 1997
Supply chain management
Keith Oliver coined the term ‘ supply chain management ’
Amazon goes public , becoming the first internet retailer to secure one million customers
Cobot
The first collaborative robot ( cobot ) was invented .
1980S 2005
2007
Supply chains continue to grow
With the development of personal computers , supply chains had better access to planning capabilities , including spreadsheets and map-based interfaces . By the mid-1980s supply chains were being considered an expensive , important , and complex function . Reflecting this transition , the National Council of Physical Distribution Management changed its name to the Council of Logistics Management ( CLM ) to represent inbound , outbound and reverse flows .
Council of Logistics Management changes its name to the Council of Supply Chain Management Professionals .
2010
Industry 4.0
Prime
Amazon launches Amazon Prime offering next day delivery .
While the likes of AI , data , and IoT have been around for many years prior to 2010 , the last decade has seen an exponential increase in technology adoption and innovation and supply chains have not been left out . Organisations around the world have been driving their digital transformation strategies .
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