Final answer:
The correct answer is c. Advancements in information technology.
Step-by-step explanation:
The correct answer is c. Advancements in information technology.
Logistics has become a critical aspect of supply chain efficiency due to the increased globalization and a reduction in economic regulations. This has led to greater trade and the need for efficient transportation and distribution of goods across borders. Additionally, there has been a focus on cost reduction and efficiency in supply chain management, as companies strive to minimize expenses while maximizing customer satisfaction. Finally, advancements in information technology have played a crucial role in improving supply chain efficiency. For example, the use of advanced software and data analytics allows companies to track inventory, optimize routes, and improve overall supply chain visibility and coordination.