Concurrent supply chains are made possible by which technology?

Concurrent supply chains are primarily enabled by internet technology due to its ability to facilitate real-time communication and information sharing among various stakeholders in the supply chain. The internet allows different parts of the supply chain, such as suppliers, manufacturers, and distributors, to coordinate their activities efficiently. This real-time connectivity is essential for synchronizing operations, sharing data, and responding swiftly to changes or disruptions, which are key elements of a concurrent supply chain.

Unlike pull-based technology, which primarily focuses on demand-driven supply processes, or traditional supply chain management systems that may not provide the real-time capabilities needed for concurrency, internet technology supports a broader range of functionalities that contribute to faster and more efficient supply chain operations. While just-in-time technologies aim to reduce inventory and improve efficiency, they do so in conjunction with the connectivity that internet technology provides, making it the foundational element for concurrent supply chains.