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LEC 8: INFORMATION TECHNOLOGY IN SUPPLY CHAIN - Coggle Diagram
LEC 8: INFORMATION TECHNOLOGY IN SUPPLY CHAIN
IT trends in SCM
Def: AI and simulations solutions are delivering better than ever efficiency and intelligence to the supply chain, ensuring retailers never miss a beat and can meat customer expectations.
IAAS-infrastructure as a service
allow organization to purchase recources like networking and storage on demand
EX: AWS EC2, Google Compute Engine, Microsoft Azure Virtual Machines.
PASS-Platform as a service
provide a platform that can be accessed through the internet provides developers with a framework and tools to buide app and software that are tailored to the organization's in
EX: Google App Engine, AWS Elastic Beanstalk, Microsoft Azure App Service.
Software as a service (Saas)
The complete application runs on the cloud, users just need to access and use.
EX: Google Drive, Gmail, Dropbox, Microsoft 365.
1.2 Increased availability of real-time data
def: real time data refers to information that is made available for use as soon as it is generated.
EX
Finance: Stock prices change every second on the stock exchange.
Transportation: GPS systems update vehicle locations on Google Maps.
E-commerce: Real-time order tracking systems.
Health: Heart rate monitors show health status instantly.
Social media: Facebook, Instagram show notifications and messages as soon as interactions occur.
1.3 Increased use of mobile technology
def: a software program for smartphones and tablets that offers various functions and services to users
1.4 Green technology
IT risks in SCM
