What are the main challenges of technology in supply chain management?
Some key challenges include data integration, cybersecurity risks, and the need for real-time visibility.
How does data integration affect supply chain efficiency?
Data integration ensures that all systems communicate effectively, reducing delays and improving decision-making.
What cybersecurity risks should companies be aware of?
Companies face risks like data breaches, ransomware attacks, and vulnerabilities in IoT devices used in supply chains.
Can you explain the importance of real-time visibility?
Real-time visibility allows companies to track inventory and shipments, enabling quicker responses to disruptions.
What technologies can help overcome these challenges?
Technologies like AI, blockchain, and IoT can enhance transparency, security, and efficiency in supply chains.
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