The role of technology in enhancing supply chain efficiency is crucial, as it streamlines processes, reduces costs, and improves visibility. Inventory management systems, data analytics, and IoT devices enable real-time tracking of goods, allowing businesses to anticipate demand and manage stock levels effectively. Automation reduces manual errors and speeds up operations, while advanced algorithms optimize logistics and shipping routes. By leveraging technology, companies can respond quickly to market changes, enhance collaboration with suppliers, and improve overall supply chain performance.