TLDR
Digital supply chain 4.0 is the application of the Intelligence of Things, big data combined with data science, digital connectivity and many other smart technologies brought by the fourth industrial revolution. Predictive analytics has the potential to reduce forecasting errors by 10% to 20%. Real-time asset tracking powered by IoT, cloud-based dashboards and other tech solutions make it possible to establish an item's precise location. Digital transformation of the supply chain can bring many benefits, from better end-to-end visibility and improved decision-making to higher operational effectiveness. via the TL;DR App
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Written by elekssoftware | A global software development company driving innovation & creating sustainable solutions. Visit us at eleks.com
