Supply chain technologies improve efficiency and transparency by utilizing real-time data tracking, inventory management, and predictive analytics. Tools like the Internet of Things (IoT) and blockchain allow companies to monitor goods throughout the supply chain, optimizing routes and minimizing delays. Enhanced data visibility leads to better demand forecasting and inventory control, reducing costs and improving service levels. Furthermore, these technologies help in traceability, ensuring that all parties are aware of product origins and compliance, which builds consumer trust.