Supply Chain Management is one of the most integral parts of business operations. But with upcoming tech advancements, what is the future of the global supply chain?
Global supply networks are projected to persist in the face of continuous uncertainty due to increased consumer demands. Planning, sourcing, manufacturing, delivery, and returns are all made more efficient with supply chain management. So, how do these factors affect the health of a company?
Supply chain management is a broad field with seven distinct functional domains. The main operations are purchasing, inventory management, manufacturing, demand planning, warehousing, transportation, and customer service. Despite the fact that they are separate functions, there is a degree of linkage that affects the overall smoothness of the process.
In this article, we’ll discover about SCM and the next big thing it will face-
Softwares everywhere
Sustainability is a must
IoT for optimization
Smart Customer Service
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