| Technology |
Impact |
| Artificial Intelligence |
AI-powered algorithms can optimize route planning, inventory management, and demand forecasting, leading to cost savings and improved efficiency. |
| Blockchain |
Blockchain technology ensures transparency and traceability in the supply chain, reducing the risk of fraud and counterfeit products. |
| Internet of Things (IoT) |
IoT devices can track shipments in real-time, monitor inventory levels, and automate replenishment processes, enhancing visibility and control. |
With these advanced technologies at their disposal, MBA students are equipped with the tools to streamline operations, reduce costs, and enhance customer satisfaction in the supply chain industry. By integrating technology into their curriculum, MBA programs are preparing future leaders to navigate the complexities of a globalized and digitized supply chain landscape.
In conclusion, the impact of technology on logistics and supply chain management in an MBA 12 months program is undeniable. As technology continues to evolve, it is essential for MBA students to stay ahead of the curve and leverage these innovations to drive business success.
(Source: Data compiled from industry reports and research studies)