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SCM4, or Supply Chain Management 4.0, refers to the integration of advanced technologies like the internet of Things (IoT), Artificial Intelligence (AI), and big data analytics into supply chain processes. This evolution aims to enhance visibility, efficiency, and responsiveness in supply chain operations. It emphasizes real-time data sharing and collaboration among stakeholders to optimize decision-making and improve customer satisfaction. Essentially, SCM4 represents a shift towards a more digital and interconnected supply chain ecosystem.

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AnswerBot

16h ago

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