Technology is going to change how supply chains work in the future. Things like robots, computers, and smart devices will make processes even more automated and precise. We might see things being delivered by drones or self-driving vehicles. Plus, data will be used to make better decisions, predict problems, and improve how products get to us.

Dr Mohamad Amran Ibrahim thank you for your contribution to the discussion

An efficient supply chain can reduce the need to maintain inventory, therefore cutting overhead costs associated with storage and security. However, a very lean inventory increases pressure on distribution networks and reduces resilience to supply chain shocks.Supply chain efficiency focuses on delivering quality products to customers at the lowest possible cost by maximizing such resources as materials and labor. Supply chain responsiveness focuses on customers' expectations and strives to provide a quality product faster.Efficiency can be achieved through supply chain visibility that reduces inventory levels and warehousing costs. Automating supply chain processes allows the business to scale and lower costs while enhancing customer experience. With indoor positioning capabilities on trackers that can attach to pallets, products, forklifts, and more, warehouses remain organized and managers can quickly take inventory and get product on the road as needed. The efficiency and effectiveness of a logistics/supply chain operation are constrained by the location of plants and warehouses in its overall network. Logistics facilities and their locations are relatively variable and easily modified in the short term. It helps in reducing mistakes, cutting costs, reducing waste, and saving time and money. For enhancing and optimizing the entire processes in the hierarchy of the supply chain, organizations are bound to use Supply Chain Management tools and software. Use technology to improve the supply chain. Review all the existing processes that are producing mediocre results. Determine the areas where implementing technology could improve the processes. The right technology like industrial scales can make the supply chain streamlined, visible and accessible. Supply chain planning optimizes the manufacturing and delivery of goods – from raw materials to finished products, and from suppliers all the way to customers. Essentially, it's a demand-driven balancing act between shortage and surplus. One way is to streamline the process of tracking and distributing inventory. But the biggest benefits of technology in supply chains Management come from reducing costs, improving customer service, and increasing operational efficiency. Technology has led the way, enabling supply chain software to become faster and more efficient. With technology, through warehouse and transport systems, businesses are able to provide data-capture, improve labour management, monitor resource and reduce stock losses with real time stock checking. IoT supports operational efficiencies in areas such as asset tracking, inventory management and forecasting, improving productivity and aiding decision-making across the supply chain. For example, companies can track products throughout the entire lifecycle with RFID and GPS sensors. The future of Indian supply chains lies in their ability to embrace new technologies, create sustainable models, and adapt to changing customer needs. Thus, digitalization is transforming India's supply chains, making them more agile, efficient, and customer-centric.

There is no doubt that the use of technology, especially the use of artificial intelligence in the future, leads to a reduction in costs, and reducing costs means reducing waste rates of time, effort, and money, and this certainly applies to supply chains. The use of technology will certainly have a positive impact on supply chains.

Dr Sabri Hasan thank you for your contribution to the discussion

Efficiency can be achieved through supply chain visibility that reduces inventory levels and warehousing costs. Automating supply chain processes allows the business to scale and lower costs while enhancing customer experience. Supply chain efficiency describes how well a company uses resources to make and deliver quality goods. Supply chain effectiveness defines how well a company satisfies its customers with those products. An efficient supply chain can reduce the need to maintain inventory, therefore cutting overhead costs associated with storage and security. However, a very lean inventory increases pressure on distribution networks and reduces resilience to supply chain shocks.With indoor positioning capabilities on trackers that can attach to pallets, products, forklifts, and more, warehouses remain organized and managers can quickly take inventory and get product on the road as needed. Specifically, focus on efficiency means looking at short-term results through an operational lens and measuring metrics that impact cost. In contrast, an effectiveness focus is more of a long-term game, with a focus on a clear strategy to increase revenue and other KPIs that help achieve business outcomes. The truth is that effectiveness is far more important than efficiency. According to diffen.com, effectiveness is about doing the right task, completing activities and achieving goals. Efficiency is about doing things in an optimal way, for example doing it the fastest or in the least expensive way. Supply chain management improve productivity because it helps in reducing mistakes, cutting costs, reducing waste, and saving time and money. For enhancing and optimizing the entire processes in the hierarchy of the supply chain, organizations are bound to use supply chain management tools and software. Supply chain planning optimizes the manufacturing and delivery of goods – from raw materials to finished products, and from suppliers all the way to customers. Essentially, it's a demand-driven balancing act between shortage and surplus. One way is to streamline the process of tracking and distributing inventory. But the biggest benefits of technology in supply chains Management come from reducing costs, improving customer service, and increasing operational efficiency. IoT supports operational efficiencies in areas such as asset tracking, inventory management and forecasting, improving productivity and aiding decision-making across the supply chain. For example, companies can track products throughout the entire lifecycle with RFID and GPS sensors. The future of Indian supply chains lies in their ability to embrace new technologies, create sustainable models, and adapt to changing customer needs. Thus, digitalization is transforming India's supply chains, making them more agile, efficient, and customer-centric.The digital supply chain will continue to become more integrated and collaborative, with different parts of the supply chain working together more closely than ever before. This could include the use of shared platforms and technologies, as well as the adoption of industry-wide standards and protocols. AI-powered automation is paving the way for more efficient and cost-effective supply chain processes. Robotic Process Automation (RPA) technology can handle repetitive and time-consuming tasks such as data entry, order processing, and invoice management.

Hi, professional scholars and practitioners. I recently finished my research on the effects of smart supply chain on managers' emotions. Basically, it is a cross-field research of supply chain management and organizational behavior field. I find it hard to find an appropriate journal to submit. So I inquiry your suggestions on suitable journals. Thank you so much.

Dr Yiwen Tuo thank you for your contribution to the discussion

Supply chain management (SCM) is the process of planning, organizing, and managing the flow of goods, services, and information between suppliers and customers. It involves all aspects of the supply chain, from sourcing raw materials to delivering finished goods to customers.

SCM can improve efficiency and effectiveness in a number of ways, including:

• Optimizing inventory levels: By tracking inventory levels and demand closely, companies can avoid overstocking or understocking, which can save money and improve customer service.
• Reducing transportation costs: By consolidating shipments and optimizing routing, companies can reduce the cost of transporting goods.
• Minimizing waste: By improving processes and eliminating unnecessary steps, companies can reduce waste and improve efficiency.
• Improving visibility: By having real-time visibility into the supply chain, companies can make better decisions and respond more quickly to changes.
• Collaborating with partners: By working closely with suppliers and customers, companies can create a more efficient and effective supply chain.

Technology is playing a major role in changing the supply chain. Here are some of the ways that technology is improving supply chain efficiency and effectiveness:

• Artificial intelligence (AI): AI is being used to optimize inventory levels, predict demand, and identify risks.
• Big data analytics: Big data analytics is being used to track and analyze data from across the supply chain to identify trends and improve decision-making.
• The Internet of Things (IoT): The IoT is connecting physical devices in the supply chain, such as sensors and RFID tags, to create a more connected and efficient supply chain.
• 3D printing: 3D printing is being used to create custom parts and products on demand, which can help to reduce inventory levels and improve efficiency.

The future of supply chain management is bright. As technology continues to evolve, companies will be able to improve efficiency and effectiveness even further, which will lead to lower costs, better customer service, and a more sustainable supply chain.

Here are some specific examples of how technology is being used to improve supply chain efficiency and effectiveness:

• Walmart is using AI to predict demand for products. This allows them to keep inventory levels at optimal levels and avoid stockouts.
• Amazon is using big data analytics to track customer behavior and predict future demand. This allows them to improve their delivery times and customer satisfaction.
• UPS is using the IoT to track the location of its shipments in real time. This allows them to provide customers with accurate tracking information and improve the efficiency of their delivery operations.
• 3M is using 3D printing to create custom parts on demand. This allows them to reduce inventory levels and improve the efficiency of their manufacturing processes.

These are just a few examples of how technology is being used to improve supply chain efficiency and effectiveness. As technology continues to evolve, we can expect to see even more innovative ways to use technology to improve the supply chain.

Yes, Technology has led the way, enabling supply chain software to become faster and more efficient. With technology, through warehouse and transport systems, businesses are able to provide data-capture, improve labour management, monitor resource and reduce stock losses with real time stock checking. To improve supply chain management efficiency and effectiveness, companies must improve predictability, optimize costs, minimize working capital, mitigate risk, and analyze data. Companies that strategically improve even one area of the supply chain create a ripple effect of operational advantages.Because technology and automation for the supply chain utilize real or near real-time data, companies have greater visibility and can track activities better. This helps improve collaboration and communication with key vendors and reduces cost through better vendor contract management.Traditional supply chains sought to achieve stability and minimize costs. Future supply chains will need to be much more dynamic and be able to predict, prepare, and respond to rapidly evolving demand and a continually changing product and channel mix. In short, supply chains will need to become agile. Efficient inventory management and procurement play a crucial role in supply chain efficiency. By managing the inventory levels effectively, organizations can ensure that they have enough stock to satisfy customer demand while avoiding overstocking which can lead to increased storage costs and wastage. Capacity planning is an essential component to create supply chain efficiency and resilience as this often involves managing several complex orders to balance resource utilization, inventory and stock levels and demand and supply synchronization. Artificial intelligence and machine learning will have a much greater impact, as processing huge datasets in real time demands these capabilities. Using smart logistics solutions, based on the internet of things and next-generation robotics, will be a focal point of supply chain design. The future of the supply chain and effective logistics is expected to undergo significant transformations in the coming years. These will be driven by technological advancements, changing consumer demands, and global trends. Here are some key trends to consider for 2023 and beyond.