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Working Through Challenges to Increase Supply Chain Efficiency

There are many opportunities to increase supply chain efficiency. There are also many challenges that impact the ability to run efficiently. By working through some of the challenges with some practical methods that have a big impact on supply chain management, any organization can increase their supply chain efficiency, regardless of industry.

Let’s start by exploring a few of the challenges to supply chain efficiency that impact most industries.

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The Technology Roadmap: What Is It and Why Is It Important?

Technology roadmaps are a great organizational tool for any company to map out technology developments and to determine how those developments are going to change the way a company operates.

What?

A technology roadmap is defined as a planning technique to create strategic long-term and flexible plans for technology developments, adjustments and technology initiatives over time.

Basically, a technology roadmap focuses on a company’s short-term and long-term technology goals. There are three main uses for a roadmap: to reach an agreement about a company’s technology needs, to provide a forecast for technology developments and to create a framework for planning and coordinating technological advancements.

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