What technology allows for the digital management of supply chains? 🔊
The technology that allows for the digital management of supply chains is known as Supply Chain Management (SCM) software. This technology integrates various processes involved in the production and distribution of goods, such as inventory management, order processing, and logistics. SCM systems facilitate real-time tracking of products, optimizing inventory levels and reducing waste. They enhance collaboration between suppliers, manufacturers, and retailers, leading to more efficient operations. Additionally, the insights gained from SCM tools can inform strategic decisions and improve overall supply chain performance.
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