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How can Internet-based technologies be used to automate the supply chain?

April 26, 2017automate chain Internet-based supply technologies Used

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How can Internet-based technologies be used to automate the supply chain?

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Internet based technologies are the best support for Supply chain management. Most of the advanced companies now have an extranet with all their suppliers and distributors for maintaining efficiency. Whenever a product reaches the Minimum Order level quantity, the system prompts the respective supplier and they start arranging for the supplies. This saves cost, effort and time.