It could be argued that information technology has been the most impactful trend in the advancement of SCM.

Question

Quizplus · Accepted Answer

Information technology has revolutionized SCM by enabling real-time data exchange, improving communication and collaboration, enhancing inventory management, reducing costs, increasing efficiency, and enabling predictive analytics. IT tools such as Enterprise Resource Planning (ERP), Customer Relationship Management (CRM), Supply Chain Management Systems, Internet of Things (IoT), and Artificial Intelligence (AI) have transformed the way SCM is conducted, making it more agile, responsive, and customer-centric.

It Could Be Argued That Information Technology Has Been the Most