How Blockchain Technology Helps in Transforming Supply Chain and Logistics Industry?
Impact of Logistics and Supply Chain on Businesses
This era of competitive business operations has to lead the business personnel to concentrate on the core of logistics and supply chain. The competitive advantage of a business can be explained based on the supply chain Management involving Innovation and product development, Purchasing and sourcing, Manufacturing and operations, Logistics and distribution, Customer service, Global deployment. So, the primary aim of the logistics is to ensure that the customer receives the needed product at the required time and place with appropriate quality and price. Thus, the better the supply chain the better the business. A necessity of Supply chain management for manufacturing industries increases when the company considers about delivering the products at a competitive cost with high quality in order to maintain their market value. The Limitations in Supply Chain Management
Though it can be said easily, in reality, the Supply chain process is …
