Strategic Supply Chain Management Practice Exam

Technology plays a crucial role in mitigating supply chain disruptions by streamlining operations and enhancing visibility throughout the supply chain. The integration of advanced technologies such as artificial intelligence, Internet of Things (IoT), big data analytics, and cloud computing enables businesses to monitor supply chain processes in real time. This visibility allows organizations to proactively identify potential disruptions, such as delays in the supply of raw materials or shifts in demand patterns.

With streamlined operations, companies can automate processes, optimize inventory management, and improve communication among all stakeholders within the supply chain. This improved coordination enables quicker decision-making and responsiveness to changing conditions, ultimately leading to a more resilient supply chain that can withstand disruptions.

Moreover, enhanced visibility facilitates better risk management practices, as companies can analyze data trends and prepare contingency plans in advance. By using technology effectively, organizations can not only mitigate disruptions but also enhance their overall supply chain performance.