๐Ÿ—ฃ๏ธ Discuss and Thought Sharing: Supply Chain Management

Supply chain management

Supply chain management

by Emam Hossain SADIK -
Number of replies: 0

The statement emphasizes the transformation of supply chain management into a predominantly information-driven process rather than solely focusing on the physical movement of goods. In a modern context, efficient supply chain management relies heavily on data, technology, and communication. This shift implies a greater emphasis on real-time information exchange, data analytics, and digital technologies for decision-making. Companies must invest in robust information systems, data analytics tools, and communication platforms to optimize their supply chains. It also highlights the importance of transparency and collaboration among supply chain partners, as sharing accurate and timely information becomes critical for effective coordination. Overall, recognizing the primacy of information management in supply chains is essential for businesses aiming to enhance efficiency, reduce risks, and adapt to the evolving dynamics of the global market.