To determine: The reason for more importance on technology in supply management in twenty-first century.
Introduction:
Explanation of Solution
Reason for more importance on technology in supply management in twenty-first century:
Technology is making the works simple and process shorter which helps to improve the efficiency and effectiveness of a process. A change or transformation can be brought through by integration of technology with supply chain. Apart from production, the distribution system is also enhanced by the technology advent into operations. It helps in resolving complex problems which makes tasks simpler and also enables multi-tasking.
Want to see more full solutions like this?
Chapter 18 Solutions
Purchasing and Supply Chain Management
- Discuss managing and enabling the future supply management?arrow_forwardWhat are some of the most critical skills that buying and supply chain managers would need in the future to be successful?arrow_forwardIdentify any 5 major external forces that give rise to opportunities and threats for a chain of retail shops in your country.arrow_forward
- please i need answer to the question below Discussion on Marketing How can supply-chain management increase efficiency and customer satisfaction?arrow_forwardWhy do entrepreneurs need to consider the credibility of suppliers in choosing suppliers of raw materials?arrow_forwardWhat benefits are anticipated from the Managed Services offered by larger suppliers for businesses?arrow_forward
- Practical Management ScienceOperations ManagementISBN:9781337406659Author:WINSTON, Wayne L.Publisher:Cengage,Operations ManagementOperations ManagementISBN:9781259667473Author:William J StevensonPublisher:McGraw-Hill EducationOperations and Supply Chain Management (Mcgraw-hi...Operations ManagementISBN:9781259666100Author:F. Robert Jacobs, Richard B ChasePublisher:McGraw-Hill Education
- Purchasing and Supply Chain ManagementOperations ManagementISBN:9781285869681Author:Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. PattersonPublisher:Cengage LearningProduction and Operations Analysis, Seventh Editi...Operations ManagementISBN:9781478623069Author:Steven Nahmias, Tava Lennon OlsenPublisher:Waveland Press, Inc.