Information technology is the key to success of global supply chains.

Question

Quizplus · Accepted Answer

With the help of information technology, manufacturers, suppliers, and retailers can communicate and share data in real-time, resulting in better visibility, efficiency, and coordination across global supply chains. This, in turn, leads to improved customer satisfaction, reduced costs, and increased profits. Therefore, information technology is considered a critical component of successful global supply chains.

Information Technology Is the Key to Success of Global Supply