TECHNOLOGY
“ Adoption of the circular supply chain is being driven by technologies such as IoT , advanced data analytics and realtime data capture , which break down organisational silos and increase collaboration and communication ”
28 energy as possible . Fuel is usually the biggest transport cost , so managers need to start with reducing the number of trips . End-to-end supply chain transparency and optimised planning allows the combination of different goods headed for the same places in a single trailer .
These initiatives need to be backed with the right technological tools – data analytics , traceability of suppliers and travel routes , and digital systems giving an overview of the supply chain are all essential . They are already becoming commonplace
APRIL 2020