How Supply Chain Management (Scm) Has Benefited From Electronic Technology With Examples

650 words - 3 pages

IT 503 – Digital Commerce & eBusiness

Southern New Hampshire University

How Supply Chain Management (SCM) has benefited from electronic technology with examples

Introduction
Supply Chain Management involves delivering of the right products to the right place, at the right price and time, and this is a powerful engine in any business transformation. Globalization comes with competitive market, and in order for any company to remain on edge with this complex business world, it has to incorporate technology in its supply chain management systems. The modern customer has increased demands with high expectations of both service and quality. On the other hand, the managers have realized ...view middle of the document...

Furthermore, the vendors, employees, and any other person in this chain can easily ensure efficiency. The truck drivers using GPS can easily communicate any delays occurring along this chain. Cloud computing is a new technology that together with other software have enhanced in tracking of goods and materials, and by the touch of a button, they can have real-time updates.
Some companies using technology in their supply chain management include John Deere Company that uses SmartOps logistic management software. Research shows that this technology has seen on-time shipments go up from 63% to 92%. DHL supply chain, and Nike, which supplies athletes footwear applied in their chain management radio-based product monitoring in both their warehouses and distribution while using real-time delivery notification system. Walwart famous for its perfect supply chain management predicts demand through the incorporation of state-of-the-art technology, and other networking systems. These technologies also help in planning efficient transportation routes. Amazon.com applies technology not only in their marketing, but also in acquiring new products, and in 2012, this online retailer publicized they were...

Find Another Essay On How Supply Chain Management (SCM) has benefited from electronic technology with examples

New Tools and Technology Sustaining Supply Chain Operations

908 words - 4 pages New Tools and Technology in Supply Chain Operations Advancements in technology, popularly embraced for the positive effects it has on almost all aspects of business operations and management is rapidly growing. Technology has improved business communication and transportation, allowing organizations to compete more rigorously in the global marketplace. An area in the global marketplace positively affected by new tools and technologies to

Supply Chain Management From Start to Finish

2278 words - 10 pages Introduction If someone were to be asked what their profession is and they replied with supply chain management, they would likely be met with blank stares and the question, “what is that”? To briefly sum it up, supply chain management (SCM) is the overseeing of flow efficiency and storage of a product from the point of origin to the point of consumption. In the fairly recent past the implementation of supply chain managers has been increasingly

Supply Chain Management

9446 words - 38 pages 1. IntroductionOver the past few years the area of Supply Chain Management (SCM) has received much attention by a large number of academics, consultants and practitioners who are involved actively or not with the processes of developing, manufacturing, distributing, commercialising/selling and ultimately delivering a product or a service to end consumers. This ever-increasing interest has been caused by two main reasons. The first one is that

Supply Chain Management

785 words - 3 pages SCM service for companies who rent their service (Supply Chain Management, 2010).Energizer is a global organization that has been in business for over 10 years. With these 10 years, Energizer's supply chain operations have evolved in a tremendous way. Customer orders used to be all paper orders sent via fax machine or mailed directly to the Energizer office. Now the customer orders are sent via Electronic Data Interface (EDI) which means that the

Supply Chain Management

3249 words - 13 pages is а positive move but it is also а labor-intensive process, which leads to long working hours of employees, hence affecting their performance and reducing profit margins. This challenge has been addressed by the developments in information technology. Development of several information management tools and systems has brought significant changes in supply chain management practices. With the advancement of information technology, the

Supply Chain Management - 1290 words

1290 words - 5 pages ability to integrate new and innovative capabilities with corporate business models will drive higher levels of value creation.Conclusions1.Supply chain management (SCM) has recently been noticed as a strategic management and control method. Leading companies in Europe and the United States have successfully reduced logistics costs, cut inventory, and improved cash flow through implementation of SCM, and there has been a major impact on management

Supply Chain Management

1711 words - 7 pages , depending on how they are transporting their materials to where they want it to go. Once the organization has used the supply chain management than how do they manage the chain, it also consist of more process, which is product flow, how the goods get from the supplier to the customer, and if the customer will return and is satisfied with their product, information flow is another that they have to manage which is, if the orders are being sent out and

Supply Chain Management - 668 words

668 words - 3 pages with your production capabilities, optimizing your resource usage, and maximizing your throughput so there are less disruptions and fewer fires to put out. Supply chain management requires companies to use the Internet to be most effective. Nevertheless Companies are failing to adapt to the Internet technology to enable effective supply chain management. “In addition Research shows companies failing to use Internet technology for Supply chain

Supply Chain Management - 541 words

541 words - 2 pages Supply chain holds a special place in B2B e-business. With the growth of internet and businesses operating electronically, the product life cycle has reduced to a large extent. This has increased the competition among the organizations to better manage their supply chain to satisfy the customers need in a competitive market. With the growth of information technology, the trends in determining the demand and supply are changing drastically. The

Supply Chain Management - 1158 words

1158 words - 5 pages Supply chain management (SCM) can best be described as link or connection between suppliers, manufacturers, distributors, and customers. Supply chain doesn't only apply to materials being moved but also applies to information being moved. In practice, it's moving items from supplier to manufacture to distributer to retailer and finally reaching the customers. The Supply chain method of shipment or way of business hasn't all ways been around in

Supply Chain Management

5464 words - 22 pages Supply Chain Management Introduction Supply chain management is emerging as one of the most powerful business practices. It is transforming the way manufactures operate and work with partners - even the way they think about business. Why all the sudden interest? Mere observation of industrial practice brings to light a simple truth; very few materials remain in the constant ownership of one person, persons or company from their

Similar Essays

Supply Chain Management Case: Dumala Electronic Supply

674 words - 3 pages The Case.The goal of this case study was to gain a further understanding and application skills of supply chain management. This case evaluated two inventory models, Fixed-Order-Period Inventory model and Perpetual Inventory model, to obtain cost-based analysis of the company's inventory policies.Data.We have been given the weekly demand and the lead time (3 weeks) for the typical DES product. There is some variation in the weekly demand but

Dell: Supply Chain Management And Electronic Commerce

1499 words - 6 pages Introduction: Dell, one of the largest technological corporations in the world, sells personal computers, software, computer peripherals and other digital products among the world. According to the Fortune 500 list, Dell is currently listed as number 51. Dell is well known for its customer-oriented services such as supply chain management and electronic commerce. More specifically, the supply chain management (SCM) used by Dell allows

How Technology Has Extended Tesco's Value Chain

1204 words - 5 pages How technology has extended Tesco’s Value Chain Intro The idea of the value chain was thought up of first by Michael Porter. The idea behind it is having a value chain in a business if for it to create a sustainable competitive advantage in the market it operates in. All businesses entail different activities that join it together to create the values chain. The Value chain of any organisation will always start with the production of raw

Edi As A Supply Chain Technology

2295 words - 9 pages EDI has resulted from the emergence of a few key technologies which have solved the tricky problem of getting different computers with different applications to talk to each other. EDI as a technology is basically very simple. You take some data, encode it into a known and agreed format, squirt it down a telephone line to a trading partner, who then decodes it and uses the data.EDI as a Business Process Redesign EnablerEDI can be used for the