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Development of technology has also improved the management of global logistics by encouraging firms to implement the ERP systems. The global logistics planning as well as execution processes are still behind mostly when it comes to logistic management and supply chain. Therefore, creating a web-based system (ERP) will create interactions with people around the world when purchasing goods and services online. The system created will also help the firms in managing the global transportation carriers, rates and execution in an environment.
Technology has improved the management of global logistics by impacting on the supply chain processes. The customers are now digitally connected by allowing the firms to have their personal portals updated again and again with the tracking numbers put in place.
Technology has also contributed to transparency in a supply chain, improving the links in the firms' chain, a trend that should be replicated among al big logistics companies or companies that have big logistical arrangements. There are various systems implemented, for example, the advertising management systems that shows the quantity of the products to be put in the customers ads based on trends.
Different software developed such as inventory control software which automatically...
The ability to manage the global logistics more efficiently and making the information to be more virtually on demand for the customers has also been improved by the newly developed technologies in different firms (Westerveld, 2012).
Technology can as well improve the management of global logistics through the introduction of personal computers as well as allowing the clients to get access to internet to enable them buy what they need online around the world. This technology can drive up competition in firms. This kind of operation where significant transactions are concluded online will make the global competition to drive down costs as well as prices hence spiral to a new industry that has a good growth (Westerveld, 2012).
References
Albright Brian, (2002). New technology reads 'hidden' bar codes. Frontline Solutions,3(12):47-49.
McCarthy, Jack, 2002, the wireless road taken. InfoWorld, 24(47): 38-40.
Compare Business Products, (2009). Technology impact on supply chain. Retrieved September 26, 2012, from http://www.comparebusinessproducts.com/briefs/technology-impact-supply-chain
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