{Super SCM Makers} Bikano: Upping the Game with Tech

According to Manish Aggarwal, Director, Bikano, Bikanervala Foods Pvt Ltd, automation and digitization were the leading supply chain trends in current times, followed by sustainability and data analytics. In the modern era of technology, these pillars have gained significant momentum and were getting adopted by most industries. “Hence, automation & digitization, sustainability, and data analytics can be easily considered the top three supply chain trends,” he said.

Tech to Play Critical Role

Technology was continuously upgrading and evolving supply chain management in many ways. For instance, to improve efficiency and reduce costs, supply chain management technology was expected to become increasingly advanced and automated. Similarly, artificial intelligence (AI) and machine learning (ML) would be used to automate tasks such as demand forecasting and inventory management.

Whilst blockchain technology would be used to improve data security and visibility across the supply chain, with automated drones and robots helping in delivery and inventory tracking. Other technological advancements such as IoT and augmented reality would also play a pivotal role in evolving supply chain management.

“Internet of Things (IoT) enabled sensors and wearables could be used to monitor the condition of goods in transit, and Augmented Reality (AR) could be used to streamline the process of picking and packing items. Furthermore, cloud computing and 5G technologies were expected to help facilitate smoother and more efficient communication between various supply chain stakeholders,” explained Aggarwal.