As the demand for products and services continues rising with the increase in the global population, the carbon footprint caused by the demand for high manufacturing capabilities also keeps rising. This is a challenge in the management of the supply chain. For this to be reduced the environmental impact, businesses must find strategies to reduce their carbon footprint. Here are some strategies for reducing carbon footprint in supply chain management in 2023:

Over the past few decades, the global economy has become increasingly interconnected, and supply chains have become more complex than ever. With the COVID-19 pandemic, things further degenerated, highlighting the need for resilient and flexible supply chains. As we think of attaining this, technology will be crucial in enhancing supply chain resilience. Here are some AI and machine learning innovations that are set to revolutionize supply chain management in 2023.

Over the past decade, the amount of data generated by businesses has grown significantly. This data, commonly called big data, holds great potential for organizations looking to optimize their operations and improve efficiency. Supply chain management is one area where big data analytics has proven particularly useful. In this industry, real-time big data analytics can help organizations in the supply chain industry to improve their operations in several ways. Here are some benefits of real-time big data analytics for supply chain management in 2023.