Page 9 - Logistics News - September October 2022
P. 9

O P I N ION

































        into something that was unthinkable 50 years ago. But it   but whose gut matters too. We need to consider that some

        happened. And we should know that it’ll continue to become   problems that need fixing are old, but realise that some are

        more sophisticated, more useful and more cost-effective.   new or we’ll do the same-old and be left behind.
        Warehouses and trucks are no longer at the Model T stage of


        development.                                    Crystal in the office
                                                        Supply chain IT starts with looking inside our organisations.
           So, too, when it comes to IT in supply chains, application   We have supply chains that ERP like SYSPRO will help when
        is no longer a question; it’s fundamental to business existence   it comes to manufacturing and distribution, enabling us to

        and competitive position. Application isn’t just the basic   become effective, competitive and profitable supply chain


        financials, a bit of planning, some inventory management   partners. Then we share plans, making our industry supply

        and a touch of procurement – that’s the past. At the   chains lower cost and more globally competitive.
        bare minimum, we have to get used to the current ‘new’
        technology so we move from Henry Ford’s ‘black beauty’ to   But recent disruptions show that we need to see what’s
        Ferruccio Lamborghini’s eye-bending electric exotics. Tempus   coming, and how we’ll have to adapt and prepare for the
        fugit, times they are a-changin’ – whatever… that’s the   likely scenarios to survive in business through disruption we
        history. Get ready to apply the future – now.   didn’t cause.

        Current future                                     ERP, WMS, TMS, collaborative hubs, tracking and all
        Automation, collaboration and innovation are the right ideas,   business/SC applications now need user monitoring to
        but are becoming passé, almost ordinary, as we apply them to   ensure transactions are processed in a governed way. This

        the problems we believe we have. Supply chain (SC) networks   feeds business intelligence/analytics, which must be armed
        are creaking as the inability to change – the arthritis of SC   with predictive capabilities – assessing what is likely to
        nodes – worsens and continual scaling up for dominance   happen to supply, demand, delivery and import/export.
        creates dinosaurs. But we didn’t see that coming. We relied
        on a static past.                                  To augment your own experience, you must employ a
                                                        new friend: artificial intelligence – the new guy that learns

           New experiential-based learning is required to solve   way faster than all of us as it learns with machine learning
        new problems that we may face. Add scenario analysis and   from the data we collect, looks for patterns, potential
        planning on top of root cause analysis; we have to become   outcomes/events, their probability of happening, the
        cognitive – thinking laterally, being open-minded, armed   consequential effect and the cost… what a friend it is. Add   L O GI S T I CS NEWS


        with risk and probability, aided by broader experience and   outside data/indicators using IoT that affect your world and


        have foresight from real data and events not over-affected   you can predict the future and adapt in time. This is where IT
        by our experience and business prejudices. Gut matters –   and business are going – smart people thinking machines. •
          www .l o g ist i csn e w s .c o .z a                            SEP T E MB E R/O CT O B E R 2022  7
   4   5   6   7   8   9   10   11   12   13   14