What are the latest trends in supply chain technology?
Some of the latest trends include AI and machine learning, blockchain, IoT, and automation.
How is AI impacting supply chain management?
AI enhances demand forecasting, optimizes inventory management, and improves logistics efficiency.
Can you explain how blockchain is used in supply chains?
Blockchain provides transparency and traceability, allowing for secure and efficient tracking of goods.
What role does IoT play in supply chain optimization?
IoT devices collect real-time data, enabling better decision-making and improved operational efficiency.
Are there any challenges with implementing these technologies?
Yes, challenges include high costs, integration issues, and the need for skilled personnel.
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