How is technology transforming supply chain management?
An example of an AI chatbot conversation about technology's impact on supply chains.
How is technology transforming supply chain management?
Technology is revolutionizing supply chain management by enhancing efficiency, visibility, and responsiveness.
What specific technologies are being used in supply chains?
Key technologies include IoT for real-time tracking, AI for demand forecasting, and blockchain for transparency.
Can you explain how AI improves demand forecasting?
AI analyzes historical data and market trends to predict future demand, helping companies optimize inventory.
What are the benefits of using blockchain in supply chains?
Blockchain enhances traceability, reduces fraud, and improves collaboration among supply chain partners.
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