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Find an article or white paper, on the internet, of how companies have utilized logistics or technology to improve supply chain performance. You will answer

Find an article or white paper, on the internet, of how companies have utilized logistics or technology to improve supply chain performance.

You will answer the following questions during your summary

  1. What is the title of your article?
  2. What are the main points of your article?
  3. How does this article relate to the course reading materials and supply chain management?
  4. Do you agree or disagree with the authors points? Explain why or why not.
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1-866-925-9524 Role of Technology in Supply Chain Management A new generation of shopping options through eCommerce and mCommerce has made supply chain management a vital area of concern for many businesses. It is particularly critical for manufacturing companies, which are heavily dependent on the supply chain partners to deliver their products. Manufacturers, suppliers, retailers, shippers and distributors are the major stakeholders in the supply chain of manufacturing companies, which ends with product delivery to the customer. With an increasing emphasis on technological advancements, as well as the changes in customer expectations, the need for an integrated supply management has become increasingly important. For manufacturing companies to build substantial customer bases, digitization of business processes has become more of a necessity than a value add proposition. This has increased the requirement for creating a digital environment that seamlessly integrates the operations carried out by various entities in the supply chain. Technological advancements now enable businesses to build end-to-end supply chain solutions that speed up processes and avoid bottlenecks in the supply chain. Interestingly enough, real time or near real time information is the key factor in supply chain management. Supply chain management software is designed to manage and enhance the exchange of information of across various key supply chain partners to attain such outcomes as just- in-time procurement, reduction of inventory, increase of manufacturing efficiency and to meet customer needs in a timely fashion Oftentimes, these technology solutions enable companies to attain some level of on-demand or mass customization in the production cycle. Value of Information Tech Pry in Supply 1-866-925-9524 enable companies to attain some level of on-demand or mass customization in the production cycle. Value of Information Technology in Supply Chain Management INCREASED CONTROL OVER PRODUCTION Use of information technology in supply chain management provides improved visibility and accountability. In order to bring efficiency to the total production process, it is important that a manufacturing company have clear sight into the current stage of in- production products, foresee any potential problems or delays they might face and be able to align production schedules accordingly. Use of technology can bring the necessary transparency into the whole process. It allows the manufacturing companies to have better control over product flow and information flow across the supply chain. BETTER INVENTORY MANAGEMENT Maintaining optimal levels of inventory is a challenge faced by all manufacturers. While excess inventory leads to risk of waste and for an increased need for working capital funds, too low of inventory may lead to stoppages in the production cycle and of losing business through stockouts. With the use of technology, manufacturers can create adaptable business processes that provide flexibility to handle varied demand situations. The analytics will help you achieve financial goals with predictable success by managing your inventory and sales orders effectively. INCREASED COLLABORATION BETWEEN SUPPLY CHAIN PARTNERS With the IT enabled, real time information sharing, manufacturers can increase the collaboration with their key partners Manufacturers can ack activities 1-866-925-9524 Role of Technology in Supply Chain Management A new generation of shopping options through eCommerce and mCommerce has made supply chain management a vital area of concern for many businesses. It is particularly critical for manufacturing companies, which are heavily dependent on the supply chain partners to deliver their products. Manufacturers, suppliers, retailers, shippers and distributors are the major stakeholders in the supply chain of manufacturing companies, which ends with product delivery to the customer. With an increasing emphasis on technological advancements, as well as the changes in customer expectations, the need for an integrated supply management has become increasingly important. For manufacturing companies to build substantial customer bases, digitization of business processes has become more of a necessity than a value add proposition. This has increased the requirement for creating a digital environment that seamlessly integrates the operations carried out by various entities in the supply chain. Technological advancements now enable businesses to build end-to-end supply chain solutions that speed up processes and avoid bottlenecks in the supply chain. Interestingly enough, real time or near real time information is the key factor in supply chain management. Supply chain management software is designed to manage and enhance the exchange of information of across various key supply chain partners to attain such outcomes as just- in-time procurement, reduction of inventory, increase of manufacturing efficiency and to meet customer needs in a timely fashion Oftentimes, these technology solutions enable companies to attain some level of on-demand or mass customization in the production cycle. Value of Information Tech Pry in Supply 1-866-925-9524 enable companies to attain some level of on-demand or mass customization in the production cycle. Value of Information Technology in Supply Chain Management INCREASED CONTROL OVER PRODUCTION Use of information technology in supply chain management provides improved visibility and accountability. In order to bring efficiency to the total production process, it is important that a manufacturing company have clear sight into the current stage of in- production products, foresee any potential problems or delays they might face and be able to align production schedules accordingly. Use of technology can bring the necessary transparency into the whole process. It allows the manufacturing companies to have better control over product flow and information flow across the supply chain. BETTER INVENTORY MANAGEMENT Maintaining optimal levels of inventory is a challenge faced by all manufacturers. While excess inventory leads to risk of waste and for an increased need for working capital funds, too low of inventory may lead to stoppages in the production cycle and of losing business through stockouts. With the use of technology, manufacturers can create adaptable business processes that provide flexibility to handle varied demand situations. The analytics will help you achieve financial goals with predictable success by managing your inventory and sales orders effectively. INCREASED COLLABORATION BETWEEN SUPPLY CHAIN PARTNERS With the IT enabled, real time information sharing, manufacturers can increase the collaboration with their key partners Manufacturers can ack activities

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