What technology is used to streamline supply chain processes? 🔊
The technology used to streamline supply chain processes includes enterprise resource planning (ERP) systems and advanced analytics. These technologies enable companies to manage and optimize their supply chain operations effectively, enhancing visibility, reducing costs, and improving efficiency. ERP systems integrate various functions such as inventory management, procurement, and logistics into a unified framework. By leveraging data analytics, businesses can forecast demand, optimize stock levels, and improve overall decision-making, leading to a more responsive and agile supply chain network.
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