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VOL. 3, ISSUE 2 (2018)
Technological interventions for improving supply chain agility
Authors
Dr. Ruchika Dawar, Dr. Sanjeev Kumar KM
Abstract
Nowadays supply chain issues hold prime importance for competitive differentiation hence various strategies are constantly being incorporated by companies to resolve inefficiencies existing in the supply chain model, in order to impart more transparency among the stakeholders. Online retailer’s supply chain example is different from traditional retailers which works on supply and demand mechanism unlike online retailers where they concentrate precisely on the fast delivery modes like Amazon, Flipkart and Myntra to name a few. Amazon has got far ahead by introducing ‘Drone’ services in order to fulfil the urgent need of the customers. Supply chain models drastically changed since the adoption of emerging technologies. There are many technological interventions in the existing supply chain model which have facilitated smoother supply chain activities. To prepare the model more effective retailers constantly look for the newer trends in technology and incorporate them accordingly, to broadcast information quickly among the supply chain members in parliamentary procedure to dilute the ‘Bullwhip effect’. ERP systems form the basis for many retailers followed by SAP and other software applications like QAD, In for and many more. After huge investments retailers opt for ERP foundations, though they are satisfied but still improvement is something which everybody aspires for. Aside from the basal software applications installed, retailers improvise on their specific supply chain areas with the help of some specialty tools like TMS, WMS, Planning Engines, labor optimization, inventory management and many more. These are deployed in layers and hard to modify with the changing business conditions. This paper prognosticates and proposes such technological interventions, which, when incorporated in the system lays the basis for agile Supply Chain. To overcome the limitations of above legacy systems the idea of “Cloud” based software will certainly rectify the deformities in the supply chain activities and further ruminating on the planning and distribution issues “Supply Chain Mobile App” promises to provide agility to the existing supply chain models.
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Pages:249-251
How to cite this article:
Dr. Ruchika Dawar, Dr. Sanjeev Kumar KM "Technological interventions for improving supply chain agility". International Journal of Academic Research and Development, Vol 3, Issue 2, 2018, Pages 249-251
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