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Digital Transformation in Supply Chain Operations

Digital technologies are rapidly transforming the way that businesses operate, including supply chain management. Digital transformation’s gradual emergence and the ongoing development of several work process technologies have given rise to new aspects. The emergence of the Internet of Things (IoT) and other connected devices has profoundly affected the operational efficiency of the supply chain. Finance, sourcing, and warehousing are just a few of the areas of supply chain operations where the expansion of digital transformation is evident. What is digital transformation? The integration of digital technology across all functions of an organisation is known as “digital transformation,” and…

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IoT can improve supply chain management

IoT, the Internet of Things, consists of a wide collection of interconnected physical devices that are able to monitor, send, exchange, and report on data. The IoT devices are usually connected to a computer system and are connected by data or a Wi-Fi network. Within supply chains, IoT devices can be used to track and authenticate products and shipments using GPS as well as other technologies. The devices can also be used to monitor the storage conditions of products which would improve supply chain management. How IoT can improve supply chain management There are a wide range of IoT…

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