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Tuesday, December 29, 2015

Reviewing the role of Information Technology in enabling effective Supply Chain decisions

"information technology  and supply chain decisions"

INFORMATION TECHNOLOGY AND SUPPLY CHAIN DECISION  MAKING 

Information technology plays a huge supporting role in ensuring the right mix of decisions and designs that helps supply chain managers take the right decision Information technology helps managers to access information on the functions and status of all other supply chain across geographic units.
For example a retail store can not only afford to figure out the store inventory, but also need information on consumer demand, lead times and associate variability’s like “logistic and transportation “

  1. The IT department provides seamless and friction less support across the supply chain implementation , which forms the core of the supply chain. Any process related to order and purchase, manufacturing , inventory, transportation and logistics , and warehouse are mapped and tracked
  2.  IT provides internal collaboration across departments, which are shared across the internet and cloud . It helps vendors, suppliers and other stakeholders across the supply chain to co-operate and collaborate.
  3.  IT based decisions support systems is used to aid better decisions through the supply chain mechanism and ecosystem. Any critical issue on delivery, demand fluctuations ,lead time and risk can be “ tracked in real time” therefore giving the operational managers, the flexibility and the time to ensure compliance 
  4. The role of Information Technology in terms of  measuring the entire supply chain performance and aid the operational managers to set internal metrics and benchmarks and observe “ their effectiveness”cannot be more emphasized. Business Intelligence tools includes a technology stack with layers for reporting and analysis

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