How has technology affected distribution costs in businesses?
An example of an AI chatbot conversation about the impact of technology on distribution costs.
How has technology affected distribution costs in businesses?
Technology has significantly reduced distribution costs by optimizing logistics, improving inventory management, and enhancing communication.
Can you give examples of technologies that have helped reduce these costs?
Sure! Technologies like GPS tracking, automated warehousing, and AI-driven demand forecasting have all played a crucial role.
What impact does e-commerce have on distribution costs?
E-commerce has increased distribution efficiency but also raised costs due to higher delivery expectations and returns management.
Are there any downsides to relying on technology for distribution?
Yes, over-reliance on technology can lead to vulnerabilities, such as system failures and cybersecurity risks.
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