ICT in Logistics Management Essay

Category: Managing,
Published: 26.12.2019 | Words: 332 | Views: 821
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Coping with the competitive nature with the modern-day business environment requires organizations to be creative and robust enough in acquiring competitive advantages. For this to get achieved, most aspects within an organization must upgraded to counter these kinds of challenges and reducing working costs and delivery period. Logistics supervision is not an exception for this. Fortunately, technical advancement offers wide range chances for companies to improve the functioning of logistical businesses.

This is because it has become vital for just about any firm in logistics supervision to review the significant of the logistical operations as crucial strategy to make a competitive edge. Developments in the commercial world in addition to the rapidly growing customer personal preferences has made dotacion of companies and goods a demanding task, as customers prefer to receive quality products at an even shorter time. While it is still a latest development, Info Communication Technology (ICT) includes a lot to offer the logistics sector. The most compelling truth is that ICT is definitely not industry specific but instead is applicable to any or all types and everything sizes of industries.

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Statistical data shows that a number of companies have already adopted the technology and are previously reaping the rewards (Bourlakis & Bourlakis, 2006). Application of the internet, computers and information conversation systems into various facets of logistics management such as purchase, warehousing, transport and inventory management has been shown to be very beneficial. Since business functions change with all the changing buyer markets, companies are pursuing possibilities by integrating, coordinating, collaborating and cooperating with respect to the supply chain supervision.

It is essential that businesses communicate to benefit from collective positive aspects resulting from doing work as a string rather than a single entity. This kind of calls for effective information sharing and this is merely capable with the application of ICT. However , the most challenging process for companies then is to identify the best ICT style that fits all their logistical processes.