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INFORMATION TECHNOLOGY IN SUPPLY CHAIN - Coggle Diagram
INFORMATION TECHNOLOGY IN SUPPLY CHAIN
IT risks in SCM
Installation of new IT systems
Risk
• Take time and money to install new system and train employees.
• Resistance from existing employees, who are familiar with current system.
• Overwhelming amount of integration between current and new systems.
Mitigation
• Install new IT systems in an incremental fashion rather than changing all processes at the same time
• Run duplicate systems to make sure the new system is performing well
• Implement only the level of complexity that is needed
Dependency on IT systems
Mitigation
• Data backup systems.
• Systems running in parallel in case one suffers a problem.
• Using security software products that to keep a company’s systems safe.
• Picking systems that have the flexibility to change if necessary
Risk
• Software glitches (bugs) and malfunction, leading to wrong decisions made from incorrect data
• Power outage and Internet shutdown
• Cybersecurity problems, such as hackers and viruses
IT trends in SCM
a) Apply AI in SCM
AI and simulation solutions are delivering better-than ever efficiency and intelligence to the supply chain, ensuring retailers never miss a beat and can meet customers expectations.
b) The growth in cloud
The use of hardware and software that isdelivered via the Internet. Through uniquelogin credentials, on-demand computingservices allow users to access theirapplications from any device without having to store data on their physical hard drives.
Infrastructure-as-aService (IaaS)
allows organizations to purchase resources like networking and storage on-demand instead of having to buy costly hardware. IaaS is highly scalable and offers businesses more flexibility than onpremise solutions.
IaaS provides a pay-as-you-go approach for storage, networking, and virtualization.
Platform-as-aService (Paas)
provide a platform that can be accessed through the internet provides developers with a framework and tools to build apps and software that are tailored to the organization’s individual needs.
PaaS includes even more services like hardware and software development tools available via the web.
Software-as-aService (SaaS)
allows users to access an application and data through any web browser – provided there is an internet connection. The service
is hosted by a third-party provider whomaintains all servers, databases, and software code.
SaaS, you get the highest degree of vendor management by “renting” full software solutions.
c) Increased availability of real-time data
Real-time data refers to information that is made available for use as soon as it is generated.
d) Increased use of mobile technology
definition of MOBILE APP
a software program for smartphones and tablets that offer various functions and services to users
e) Green technology