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The Next Big Thing in Supply Chain Management(SCM)
The Next Big Thing in Supply Chain Management(SCM)
Supply Chain Management(SCM)

SCM is one of the most integral parts of business operations. But with upcoming tech advancements, what is the future of the global supply chain?

With rising consumer demands, global supply chains are expected to survive in the face of ongoing instability. Supply chain management assures efficiency in planning, sourcing, manufacturing, delivery, and returns. So how do these elements tick a company’s well-being?

Supply Chain is a vast field consisting of seven functional areas. Purchasing, Inventory management, Manufacturing, Demand Planning, Warehousing, Transportation, and Customer service are the prime operations. Though these are independent functions, a certain level of association impacts overall smooth processes.

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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