The year 2024 is poised to bring significant advancements and changes in the fields of AI, robotics, logistics, and technology, with a particular emphasis on supply chain resilience. While AI has gained global attention, its full potential in the business world is still in its infancy, leaving many questions about its optimal utilization.
- AI Accelerating Robotics and Automation: AI is expected to drive rapid advancements in robotics and automation. The integration of AI into manufacturing processes will be akin to upgrading from a shovel to two horses and a plough. However, expertise in automation will remain a valuable asset during this AI-driven revolution in manufacturing.
- Enhanced Robotics Software Sharing: 2024 will witness significant developments in robotics software, enabling greater sharing and reusability of software assets. Instead of reinventing the wheel, the industry will harness existing software components, interfaces, and algorithms across various applications.
- Convergence of IT and Operational Technology (OT): The future of manufacturing hinges on the integration of IT and operational technology (OT) as data becomes the cornerstone of innovation and efficiency. Cloud-based software services will connect humans and machines, simplifying complex processes and enabling smarter decision-making.
- Logistics Embracing Robotics: The logistics sector will face labor shortages, compounded by the pressures of global trade, e-commerce, and intricate supply chains. Robotics and data-driven solutions are set to revolutionize logistics operations, encompassing all aspects from inbound packages to outbound logistics.
Supply Chain Visibility Tech Advancements: Despite challenges like the ongoing conflict in Ukraine and slower global demand recovery, the transport and logistics sector anticipates growth in 2023 and 2024. Supply chain resilience remains paramount, with a focus on buffer stocks to mitigate disruptions. The industry is shifting toward end-to-end supply chain services and investing in technology for enhanced visibility. Track-and-trace systems will enable agile decision-making, especially in the e-commerce boom. Innovations such as drones and electric vehicles will play a more prominent role in final-mile deliveries.
Procurement leaders are advised to forge strategic relationships and join alliances to secure capacities and navigate risks successfully, highlighting the importance of supplier diversification for flexibility in the face of uncertainties.
The year 2024 promises to be transformative in terms of AI adoption, robotics, logistics, and technology advancements, with a strong focus on bolstering supply chain resilience in an ever-changing global landscape.
