Digital Supply-Chain

“Digital supply chain” refers to the integration of digital technologies and data analysis into all aspects of a company's supply-chain. This typically includes areas such as procurement, production, warehousing, transportation and distribution.

By using digital technologies such as the Internet of Things (IoT), artificial intelligence (AI), machine learning, big data analytics and blockchain, companies can improve the efficiency of their supply-chain. For example, the IoT enables real-time monitoring of goods in transit or in warehouses, while AI and machine learning can help with demand forecasting, inventory optimization and route planning.

The digital supply-chain helps companies respond faster to changes in demand, increase efficiency, reduce costs and improve customer satisfaction. It also enables better transparency and traceability in the supply chain, which is particularly important for meeting quality standards or carrying out product recalls.”