ALOK RANJAN MBA-IB 2019-2021 IBE ASSIGNMENT

The future prospects of logistics

From unmanned mobile robots in warehouses to drones for online fulfilment, the current supply chain is undergoing a major transformation. With the possibilities in artificial intelligence, the future supply chain holds the promise of being completely autonomous and self-orchestrated. A fleet of trucks using a swarm algorithm could increase throughput in cargo yards; a trusted peer-to-peer ledger on the blockchain architecture could revolutionize the meaning of compliance in the industry, and a host of wearables, mobile robots, as well as machine learning approaches, could rapidly fasten the pace of order fulfilment. Furthermore, IOT platforms for e-brokerage could connect retailers to couriers and...