How does automation impact supply chain efficiency?
Automation significantly enhances supply chain efficiency by streamlining processes, reducing errors, and speeding up operations.
Can you give me some specific examples of automation in supply chains?
Sure! Examples include automated inventory management systems, robotic process automation for order fulfillment, and AI-driven demand forecasting.
What are the potential downsides of implementing automation?
Potential downsides include high initial costs, the need for employee retraining, and the risk of over-reliance on technology.
How can companies measure the efficiency gains from automation?
Companies can measure efficiency gains through key performance indicators (KPIs) like order fulfillment time, inventory turnover rates, and cost savings.
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