Supply Chain Technology: Managing information flows

Supply Chain Technology: Managing information flows

1. Without accurate, timely information, it is extremely difficult for managers to make effective decisions regarding the purchase, production and distribution of materials.

2. Leading organizations leverage supply chain technology for:

   • Greater visibility
   • agility
   • velocity
   • synchronization
   • optimization
   • Related capabilities

3. Supply chain software falls into four general categories:

   • Planning tools for forecasting and related activities
   • Execution systems for management of day-to-day processes
   • Event management tools to monitor supply chain flows
   • BI applications used to analyze performance

4. To produce actionable knowledge, supply chain information must be high quality, readily flow between organizations, and support a variety of decision types.

5. A well designed SCIS links people, processes, and technology in a manner that provides actionable information and enhances decision making.

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