What technology is used for supply chain management? 🔊
The technology used for supply chain management often includes Enterprise Resource Planning (ERP) systems and data analytics platforms. These tools integrate various functions such as inventory management, procurement, and logistics into a unified system to enhance visibility and efficiency. By analyzing data in real-time, organizations can accurately forecast demand, optimize inventory levels, and streamline operations. Advanced technologies like IoT, blockchain, and machine learning are increasingly integrated into supply chain management to improve decision-making, traceability, and overall responsiveness to market changes.
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