A Report on Information Technology in Supply Chain Management
Author : V Jenifer and Ayisha Ashiq Fathima M
Abstract :
The Information Technology (IT) plays a major role in today's world, where the company deals with Supply Chain Management (SCM). With the help of information technology, it helps to solve the issues and face the challenges that enhance with supply chain management. With the help of information technology in supply chain it helps us to analyze the information in the organization and execute on it to improve the performance of the supply chain. It helps to achieve organizational competitiveness, with higher services, maintaining the level of inventory and supply chain cost. The virtual Supply chain is going rapidly with the help of IT software such as bar coding, Electronic Data Exchange (EDI), Enterprise Resource Planning (ERP), E-Commerce, Radio Frequency Identification (RFID), Decision Support System. With the intervention of Information Technology in supply chain help us to reduce the time consumption and finish the works at the earliest, providing various benefits to manufacturer and retailers. Thereby monitoring inventory, tracking the information, shipping details, providing end to end details to the supplier and to the final customer, and by providing e-bill invoices to the customers. Therefore, the purpose is to help the supply chain with the invention of Information Technology.
Keywords :
Supply chain, information technology, benefits to manufacturer & retailer
