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Recent technological innovations that have entered into the supply chain industry

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According to the International Trade Association, MHI, new trends, shifts, and technologies are making their room in the supply chain industry. 11 technological innovations have entered into factories and warehouses, however, the adoption rate of the innovations varies. Cloud computing and storage is the leading innovational trend among others, as it is used by 57% of the firms. Other technologies deployed by companies, include inventory and network optimization tools (45%), sensors and automatic identification (42%), robotics (38%), predictive analytics (31%), IIoT (27%), wearable technologies (26%), 3D printing (21%), autonomous transportation (20%), AI technologies (17%), Blockchain and Distributed Ledger Technologies (12%).

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Consumer Goods industry will surpass $15T globally by 2025. However the old business model of mass distribution is about to become obsolete. New Trends such as Digital Transformation, Millennials and Gen Z effect, Direct to Consumer and Post-Covid World are going to reshape the winning formula for the new era CG industry. ConsumerGeniuses.com is a content platform where we curate latest innovations and disruptions in the Top global trends in the Consumer Goods industry. ConsumerGeniuses is managed by IndustryGeniuses (A place where industries meet innovation). We are rolling out content platforms for the world’s hottest industries such as Food & Grocery Retail, Consumer Goods and Healthcare. Sign up to our weekly newsletter(s) and never miss out: https://signup.industrygeniuses.com/newsletter
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Consumer Goods industry will surpass $15T globally by 2025. However the old business model of mass distribution is about to become obsolete. Digital Transformation, Millennials and Gen Z effect, Direct to Consumer and Post-Covid World are going to reshape the winning formula for the new era CG industry. Our weekly newsletter covers global innovations and disruptions in CG industry.

ConsumerGeniuses is managed by IndustryGeniuses (A place where industries meet innovation). We are rolling out content platforms for the world’s hottest industries such as Food & Grocery Retail, Consumer Goods and Healthcare. For each of these key industries, we support Tech Startups and Industry Disruptors as they roll out next generation digital initiatives.

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