After retail, supply chains could the next major area of business to get disrupted by the internet – is your organization prepared to rethink its current model and adapt to a new reality?
At a recent conference, Alibaba Group CEO Jack Ma said that within the next 30 years, manufacturing and supply chain will be disrupted by the development of AI, big data, cloud and machine learning. As customers come to expect more customized products, mass production will no longer be the norm.
“In the past, we said ‘made in China’ or ‘made in France’, but the future will be ‘made in internet’ – it might be designed in the US, made in Germany, assembled in China and sold to the rest of the world,” he said.
While this future may be far off, it’s coming faster than you might expect – and businesses should prepare for significant changes to their supply chains as a result.