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Conclusion

Information technology enables integration across supply chain management and strategy by providing real-time availability of demand and fulfillment information across the entire supply chain network. This allows supply chains to be more responsive to customers and improve profits through reduced costs and time to market. For an IT-enabled supply chain to be effective, transaction and customer information must be delivered timely and usefully. Strategic and technological innovations in supply chains will impact how organizations buy and sell in the future, requiring clear vision and technical insight to maximize the potential of IT.

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4K views2 pages

Conclusion

Information technology enables integration across supply chain management and strategy by providing real-time availability of demand and fulfillment information across the entire supply chain network. This allows supply chains to be more responsive to customers and improve profits through reduced costs and time to market. For an IT-enabled supply chain to be effective, transaction and customer information must be delivered timely and usefully. Strategic and technological innovations in supply chains will impact how organizations buy and sell in the future, requiring clear vision and technical insight to maximize the potential of IT.

Uploaded by

fkkfox
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as DOCX, PDF, TXT or read online on Scribd
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CONCLUSION

 Information Technology enables integration of supply chain management and strategy


and management. It makes the total distribution system transparent, flexible, productive
and cost efficient by making real time availability of information about demand and
fulfillment system across the supply chain network.

 It enabled supply chain that can be significantly more responsive than its competitors,
enhancing customer satisfaction, shrinking time-to-market cycles, and increasing
opportunities for improved profits and greater market share.

 IT enabled supply chain can achieve its value proposition only if transaction and
customer-related information could be delivered in time and a useful way to them. The
IT-enabled framework has the capability to deliver information on the internet into
environments where it can be collaboration with distribution channel members.

 The strategic and technological innovations in supply chain will impact on how
organizations buy and sell in the future. However clear vision, strong planning and
technical Insight into the Internet's capabilities would be necessary to ensure that retail
companies maximize the Internets potential for better supply chain management and
ultimately improved competitiveness.

 It would be useful to think of supply chains not just as physically efficient versus market
responsive, but as trying to achieve the right mix of both, depending on the need. In a
highly competitive and high growth environment, a market responsible and physically
efficient supply chain would be essential rather than one versus the other.

 Customers expect increased value addition from retailers. They are becoming more and
more sensitive to response time, reliability, cost consciousness, and information
accessibility and provision. As a result, retailers are moving towards reduced lead times
and costs in their operations.
 There is an urgent need for retailer-supplier collaboration. It requires that retailers and
manufacturers abandon their mutual suspicion and cooperate to streamline the processes
involved in sorting, replenishment, promoting and introducing products.

 As supply chain partners work together, sharing new product information will become
increasingly important. Moreover, suppliers will bring them proprietary technologies to
be used in their customers products, whereas customer may also jointly develop new
products with suppliers and share with their new product configurations and
architectures. Control over technology will continue to be a major issue as this process
moves forward.

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