Information Technology and Logistical Management
INFORMATION TECHNOLOGY AND LOGISTICAL MANAGEMENT
Table of Contents
Introduction 3
The Business Problem 4
Information Technology and Business 6
Reducing Times 8
Conclusion 9
Introduction Throughout the years, communication has been a very important part in the development of the United States. Without proper communication, the United States would most likely not be the first world potency. Perhaps one of the most important areas where the communications field has developed is through shipping of goods. Nowadays it is possible to send a package from one place to another, no matter how far it is, in the same day. Businesses have immensely opened their markets through new communication methods therefore increasing the profits they make and making the United States the World Potency that it currently is. Within these communication fields, Information Technology has played perhaps the most important role in its development. Without the use of proper information technology, most likely the communication methods that we currently use would not even exist and economic and growth power of the country would not have been in the levels in which they currently are. For the individual business however, Logistics Management plays a huge role in the supply chain operations. Without Information Technology, the supply chain must collapse at a certain point of its growth. Information Technology eases the system interactions within the supply chain therefore reducing inventory costs and effectively leading us to the accomplishment of processes like JIT or MRP. Information Technology has eventually aided in the developments of the majority of the fields. We could go into the classic example: The Internet, which has opened markets for businesses in an unimaginable way. People can buy a good in China, see its specifications, and have it shipped the same
Table of Contents
Introduction 3
The Business Problem 4
Information Technology and Business 6
Reducing Times 8
Conclusion 9
Introduction Throughout the years, communication has been a very important part in the development of the United States. Without proper communication, the United States would most likely not be the first world potency. Perhaps one of the most important areas where the communications field has developed is through shipping of goods. Nowadays it is possible to send a package from one place to another, no matter how far it is, in the same day. Businesses have immensely opened their markets through new communication methods therefore increasing the profits they make and making the United States the World Potency that it currently is. Within these communication fields, Information Technology has played perhaps the most important role in its development. Without the use of proper information technology, most likely the communication methods that we currently use would not even exist and economic and growth power of the country would not have been in the levels in which they currently are. For the individual business however, Logistics Management plays a huge role in the supply chain operations. Without Information Technology, the supply chain must collapse at a certain point of its growth. Information Technology eases the system interactions within the supply chain therefore reducing inventory costs and effectively leading us to the accomplishment of processes like JIT or MRP. Information Technology has eventually aided in the developments of the majority of the fields. We could go into the classic example: The Internet, which has opened markets for businesses in an unimaginable way. People can buy a good in China, see its specifications, and have it shipped the same
Cited: Turban, Efrain & Rainer, Kelly. Introduction to Information Technology. Danvers, MA: John Wiley and Sons Inc, 2003. Rick Brooks. Wall Street Journal. (Eastern edition). New York, N.Y.: Jun 25, 2004. pg. B.2 Ashley Anderson, Pat Lenius. Supply House Times. Troy: Mar 2004.Vol.47, Iss. 1; pg. 54 Rick Brooks. Wall Street Journal. (Eastern edition). New York, N.Y.: Oct 6, 2003. pg. A.3 ----------------------- [1] Introduction to Informaion Technology. Copyright 2003 John Wiley and Sons Inc. [2] Rick Brooks. Wall Street Journal. (Eastern edition). New York, N.Y.: Jun 25, 2004. pg. B.2 [3] Ashley Anderson, Pat Lenius. Supply House Times. Troy: Mar 2004.Vol.47, Iss. 1; pg. 54 [4] Rick Brooks. Wall Street Journal. (Eastern edition). New York, N.Y.: Oct 6, 2003. pg. A.3