The Role of Technology in Driving Supply Chain Transparency
Technology has become a driving force in promoting supply chain transparency. Traceability and tracking tools enable businesses to monitor products throughout the supply chain, while data analytics provide insights for improving transparency and sustainability. Blockchain technology offers secure and transparent digital records, enhancing trust among supply chain stakeholders. Collaboration platforms facilitate real-time information sharing and collaboration, improving efficiency and responsiveness. Technology also enables direct consumer engagement, empowering them to make informed choices based on transparent supply chain information. Embracing technology in supply chains is essential for enhancing transparency, building trust, and meeting the evolving demands of conscious consumers.