ENTREPRENEURIAL OPERATIONS
SUPPLY CHAIN MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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True
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False
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Either A or B
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None of the above
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Detailed explanation-1: -The advantages of information technology on supply chain management is also driving down the costs of operations and increasing the efficiency of the processes. Technology will continue to be more widely adopted and deployed within the supply chain and logistics areas.
Detailed explanation-2: -Information technology’s primary role in supply chain management is creating the integrations, or tight process and information linkages, between functions within a firm-such as marketing, sales, finance, manufacturing, and distribution-and between firms.
Detailed explanation-3: -The role of IT in supply chain management is to speed up business processes and prevent bottlenecks. Companies are closer to accomplishing on-time procurement, shorter inventory, and better efficiency, particularly in manufacturing.