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During this period, information was often over looked as a critical competitive resource because its value to supply chain members was not clearly understood. The paper based transaction and communication was slow. In an integrated supply chain where materials and information flow in a bi-directional, Manager needs to understand that information technology is more than just computers.Īt the earliest stage of Supply Chain (the late80s) the information flow between functional areas within an organization and between supply chain member organizations were paper based. The cost of information is decreased due to the increasing rate of technologies. These technologies are helpful to coordinates the activities to manage the supply chain. Recent development in technologies enables the organization to avail information easily in their premises. Supply chain management (SCM) is concerned with the flow of products and information between supply chain members’ organizations. So IT investment is the pre-requisite thing for each firm in order to sustain in the market. IT developments have presented companies with unprecedented opportunities to gain competitive advantage.
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These changes alter the relationship we have with our customers, our suppliers, our business partners and our colleagues. Fundamental changes have occurred in today’s economy. I will try to show the contributions of IT in helping to restructure the entire distribution set up to achieve higher service levels and lower inventory and lower supply chain costs. This article focuses the role of Information technology (IT) in supply chain management. Integrating supply chain and logistics operations improves efficiency and reduces costs, increasing the manufacturer’s competitive advantage. Logistics companies store, transport and distribute supplies and work-in-progress within the supply chain and distribute finished products to customers or intermediaries. With technologies quickly developing in the fields of cell phones, PDAs and other handheld devices, the field of IT is quickly moving from compartmentalized computer-focused areas to other forms of mobile technology.Ī supply chain is the network of suppliers, distributors and subcontractors used by a manufacturer to source its raw materials, components and supplies.
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IT is not limited solely to computers though.
Two basic requirements that must be met in order to process information using digital techniques software#
Information Technology, or IT, is the study, design, creation, utilization, support, and management of computer-based information systems, especially software applications and computer hardware. Information technology is simple the processing of data via computer: the use of technologies from computing, electronics, and telecommunications to process and distribute information in digital and other forms.