Management Assignment Help: The Role of Technology in Supply Chain Management
Technology in Supply Chain Management The Importance of Adopting Technology in Supply ChainManagement Given the ever increasing pace of globalization and the rising importance of supply chains in today’s business, technology is a vital aspect in managing the supply chain. AI, blockchain technology, IoT, and big data are some of the modern technologies that have influenced how organizations deal with their supply chain. This blog post considers the ways in which technology has affected supply chain management and how EssayTips can help students with the management papers, especially those that concern technology’s influence on supply chains. Technology in the Supply Chain Management Enhanced Efficiency: In overall, the application of technology in supply chain helps to eliminate human interference thereby enhancing efficiency. Improved Visibility: Real time tracking and monitoring gives a better understanding of the chain and the events occurring in it. Cost Reduction: There is an o...