Technology's Impact on Global Supply Chains

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How does AI improve supply chain operations?

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AI predicts demand, optimizes inventory, and enhances forecasting accuracy by analyzing real-time datasets.

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What role does blockchain play in supply chains?

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Blockchain provides end-to-end visibility, ensures traceability, and secures immutable transaction records.

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8 Terms

1
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How does AI improve supply chain operations?

AI predicts demand, optimizes inventory, and enhances forecasting accuracy by analyzing real-time datasets.

2
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What role does blockchain play in supply chains?

Blockchain provides end-to-end visibility, ensures traceability, and secures immutable transaction records.

3
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How does IoT improve logistics in supply chains?

IoT enables real-time shipment tracking and predictive maintenance for machinery.

4
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What are the benefits of 3D printing in supply chains?

It supports localized manufacturing, reduces lead times, and allows rapid prototyping and customization.

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What is a digital twin, and how is it used in supply chains?

digital twin is a virtual replica of a supply chain used to simulate and predict outcomes, identify bottlenecks, and optimize processes.

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How do technologies enhance supply chain resilience?

By enabling dynamic risk management, improving flexibility, and ensuring faster responses to demand changes.

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How does ArcGIS support supply chain decisions?

It uses layered data (infrastructure, labor, environmental risks) to optimize location decisions and align with market demands.

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How do digital tools support sustainability in supply chains?

AI reduces emissions by optimizing routes, and blockchain ensures compliance with ethical and sustainable sourcing standards.