How does technology influence sustainability in supply chains?
Technology plays a crucial role in enhancing sustainability by optimizing resource use, reducing waste, and improving transparency.
Can you give examples of technologies that help with this?
Sure! Examples include IoT for real-time tracking, AI for demand forecasting, and blockchain for supply chain transparency.
What are the benefits of using these technologies?
The benefits include reduced operational costs, improved efficiency, better compliance with regulations, and enhanced customer trust.
Are there any challenges in implementing these technologies?
Yes, challenges include high initial costs, the need for skilled personnel, and potential resistance to change within organizations.
How can companies overcome these challenges?
Companies can invest in training, start with pilot projects, and collaborate with technology providers to ease the transition.
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