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Information Technology For Supply Chain Management - Report Example

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This report "Information Technology For Supply Chain Management" generally covers the area of Supply Chain Management (SCM). …
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Information Technology For Supply Chain Management
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Download file to see previous pages However, this report tackles only the use of information on the business level in relation to supply chain management (SCM). To clearly discuss the uses of information technology (IT) in supply chain management (SCM), the following definitions will be used:
Supply chain- a collection of physical entities, such as manufacturing plants, distribution centers, conveyances, retail outlets, people and information, which are linked through processes such as procurement or logistics, to supply goods or services from source, through consumption
Logistics - ‘The mission of logistics is to get the right goods or services to the right place, at the right time, and in the desired condition, while making the greatest contribution to the firm.’ Business Logistics Management, 1992. R.H.Ballou
One of the most important endeavors that a human being must do is to find a job or work. He/she must strive to work in order to live and to continue to live in order to work. This is a continuous process wherein he/she must do for a lifetime.
One way of doing work is to have your own business or find a job or employment in another business entity like a sole proprietorship, a company, a corporation, or in the government. All these employments use information daily in conducting any activities related to their respective businesses. Acquiring business information before can easily be handled by the employees within a specific business setup. Business information was then seen to be as a business resource. Business information is very crucial or critical to the success of one's business organization. Business information also contributes considerably to providing the business organization with a competitive advantage. For several decades ago we could safely conclude then that these findings were sufficient and could support a business organization in combating the competition that poses them. However, with the fast-growing economy, that is rapidly conducting one's business activity from a simple into a bigger one. ...Download file to see next pagesRead More
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