5. ROLEOFITINSUPPLYCHIAN
COST REDUCTION
The advancement of technology
has further led to ready availability
of all the products with different
offers and discounts. This leads to
reduction of costs of products.
PRODUCTIVITY
The growth of information
technology has improved
productivity because of inventions
of new tools and software. That
makes productivity much easier
and less time consuming.
IMPROVEMENT
Growth in not only the technologies
but the market itself. New strategies
are made to allure customers and
new ideas are being experimented
for improving the product.
7. ELECTRONIC
COMMERCE
Companies are able to
automate the process of
moving documents
electronically between
suppliers and customers.
BAR CODING AND SCANNER
This code specifies name of product
and its manufacturer. Other
applications are tracking the
moving items such as components
in PC assembly operations,
automobiles in assembly plants.
DATA WAREHOUSE:
Many organizations have
multiple databases. A data
warehouse is organized around
informational subjects rather
than specific business processes.
Data held in data warehouses are
time dependent, historical data
may also be aggregated.
HOWITCANBEAPPLIEDINSUPPLYCHAINMANAGEMENT
ENTERPRISE RESOURCE
PLANNING (ERP)
ERP system achieve a high level of
integration by utilizing a single data
model, developing a common
understanding of what the shared
data represents and establishing a set
of rules for accessing data.
ERP
8. ELECTRONIC
DATA
INTERCHANGE
Though the use of EDI supply chain partners can
overcome the distortions and exaggeration in
supply and demand information by improving
technologies to facilitate real time sharing of
actual demand and supply information.
QUICK PROCESS
TO INFORMATION
BETTER CUSTOMER
SERVICE
REDUCED
PAPER WORK
INCREASED
PRODUCTIVITY
IMPROVED TRACING
AND EXPEDITING
COST
EFFICIENCY
COMPETITIVE
ADVANTAGE
IMPROVED
BILLING
10. INCREASED CONTROL
OVER PRODUCTION
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
With the use of technology,
manufacturers can create
adaptable business processes
that provide flexibility to
handle varied demand
situations.
INCREASED
COLLABORATION
BETWEEN SUPPLY
CHAIN PARTNERS
This helps control the
manufacturing process and
leads to lower costs through
more effective decisions in
procurement and contract
management.
VALUE OF INFORMATION TECHNOLOGY
IN SUPPLY CHAIN MANAGEMENT
MORE EFFECTIVE ORDER
TRACKING AND DELIVERY
It can also provide a platform for the
customer to track their order, increasing
a customer’s sense of self-sufficiency
and control, while at the same time
transferring customer service tasks to
the customer, which saves
manufacturers time and money
12. REAL-TIME
ACTIONABLE DATA
In order to service
customers, you need real-
time inventory data at your
fingertips that is accurate
and actionable, no matter
where the part is located
worldwide.
VISIBILITY ACROSS
YOUR SUPPLY CHAIN
Paired with RFID technology,
cloud-based computerized
shipping and tracking further
simplifies the supply process
and can dramatically reduce
shipping errors.
SIMPLIFY YOUR
SUPPLY CHAIN
Investing in supply chain
technology helps your
company simplify its supply
chain, eliminate unnecessary
links, improve efficiency and
reduce expenditures.
HOW SUPPLY CHAIN TECHNOLOGY CAN IMPROVE BUSINESS
ENHANCE CUSTOMER
COMMUNICATION
• Parts order tracking
• FSL location map
• Location of specific parts availability
globally
• Location of parts nearest the customer
• Tracking field tech support personnel