What technology aids in streamlining supply chain decisions? 🔊
The technology that aids in streamlining supply chain decisions is typically comprised of Enterprise Resource Planning (ERP) systems, inventory management tools, and data analytics platforms. These technologies enable organizations to enhance visibility across their supply chain operations by providing real-time data on inventory levels, demand forecasting, and logistics. Consequently, businesses can make informed decisions regarding production, stock levels, and distribution strategies, ultimately leading to improved efficiency and reduced costs throughout the supply chain.
Equestions.com Team – Verified by subject-matter experts