The Influence of IT Innovation on the Effectiveness of Logistics and Supply Chain Management

Technology has revolutionized logistics and supply chain management operations in numerous ways. Advanced business processes in the industry have helped facilitate a smooth flow of products from the manufacturers, wholesalers, and retailers to the end-user, improving the overall process. 

However, as technology continues to evolve, it can be challenging for companies using outdated technology to succeed. Thus, adopting new technologies is not only critical but necessary in today’s overly competitive world. Take a look at some of the benefits of adopting the latest technology. 

Enhanced Transparency and Efficiency

IT innovation can help those looking for enhanced services and more transparency from supply chain managers without incurring additional costs. Supply chain managers and third-party logistics suppliers have already adopted cloud computing and wireless technologies, which have greatly improved precision. 

Automated systems are also efficient and faster than their manual counterparts. Mobile automated procedures can improve data-capture, which enhances processes. Entrepreneurs can use the captured data to evaluate areas that need improvement.  

Making Way for Small but Agile Carriers

Small businesses with minimal investments can now easily integrate new technologies. They no longer have to spend colossal amounts on automatic vehicle location or mobile resource management systems. Operations can be completed with a non-proprietary app or a small affordable mobile gadget, easing the transition to wireless systems. This flexibility gives small carriers an edge, which facilitates their agility amid competition. 

Focus on Individual Workers

Smartphone technology also allows vendors and shippers to match employees with the ideal gadgets for their daily tasks. As mobile devices become more varied and diverse, companies have more options to pair their operations with the proper gadget. 

Although smartphones have greatly advanced over the years, they are still susceptible to wear and tear. Thus, rugged phones can be a better option since they are more suitable for harsh, outdoor environments. 

Many asset-light companies rely on smartphone technology as well, since smartphones can help track freight from the dispatch point to the delivery location. Backend applications also allow freight drivers to capture data and generate proof of delivery. 

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