Question

Please discuss role of cutting-edge technologies in logistics & supply chain management. Please Discuss how bar code, RFID, GPS and automated material handling systems help in improving Supply Chain Performance?

Answer 1

A. Role of cutting-edge technologies in logistics & supply chain management:
The developing deployment of mobile devices, and the grasp of “huge information.” The first advancement “enables organizations to go where they couldn't go previously” — right back to key suppliers. Subsequent means approaching gigantic measures of information from different sources, helping organizations in their strategic decision-making. Significant applications would now be able to be gotten to on cell phones, and utilized “any place they're required.” simultaneously, the little size of the gadgets presents users with a limited number of choices, keeping them from getting distracted by an excess of data. Simultaneously, the cost of frameworks has descended, making companies more willing to spend money on innovation. Mechanizing or automating the task of identifying and tracking construction materials can give timely and precise information on materials accessible to the manager.
Asset tracking solutions enable organizations to totally redesign their supply chain and logistics operations, so, they can convey more merchandise quicker and all the more economically.

B. Role of bar code, RFID, GPS and automated material handling systems in improving Supply Chain Performance:
Barcoding, RFID decrease in exchange or transaction cost, execution cycle, conveyance time and realization of payment in the automated material flow system, help in powerful resource utilization in the logistics supply chain. Bar code helps in lessen administrative work and handling time driving, reduce human mistake and increases coordination framework efficiency through speed. Barcoding, RFID have expanded productivity, viability, and efficiency in logistics operation. Tracking of goods during travel or transit has gotten simpler with GPS and GPS additionally expanded the unwavering reliability factor. Automation in the material dealing with upgrades the efficiency level of the warehouse system and makes the chance of economies of scale.

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