Keeping up with the supply chain is no longer enough. Manufacturers must now micro-manage it in order to maintain quality and minimize any risk to their brand. This article outlines six factors that continue to impact supply chain management:
- Internet of Things (IoT)
- Artificial Intelligence (AI) and Machine Learning (ML)
- Advanced and Predictive Analytics
- Cloud Technology and Cloud-based Commerce Networks
- 3D Printing
- Digital Supply Chain Twins
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In a rapidly changing world, adaptability and agility are key to thriving in any industry or field. It is essential to keep an open mind and continually look for opportunities to improve our processes, stay ahead of the competition, and increase profits while saving time, money, and effort.
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