What is the focus of “supply chain technology” in management? 🔊
The focus of **supply chain technology** in management is to optimize the flow of goods, information, and finances throughout the supply chain. By leveraging technologies such as IoT, AI, and blockchain, organizations can enhance visibility and coordination across all supply chain stages. This technological integration helps in streamlining operations, reducing costs, and improving overall efficiency. Additionally, supply chain technology enables better demand forecasting and inventory management, ultimately leading to more responsive and resilient supply chains capable of adapting to market fluctuations.
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