Digital Transformation in Supply Chain

Digital transformation in the supply chain refers to the integration of digital technologies to enhance and streamline supply chain operations. This includes using tools like data analytics, the Internet of Things (IoT), and artificial intelligence to improve visibility, efficiency, and responsiveness. For example, companies can track shipments in real-time, forecast demand more accurately, and automate inventory management. Overall, digital transformation helps businesses reduce costs, improve customer satisfaction, and adapt more swiftly to market changes, leading to a more resilient and agile supply chain.