Information technology is merging with traditional technologies used in manufacturing and supply chain operations. Traditional technologies such as machines that make products in factories, forklift trucks that move products within warehouses, and vehicles that deliver products to customers are all taking on new capabilities as they merge with information technology. Activities involved in moving physical products from one location to another remain the same, but the ways in which these activities can be planned and carried out are changing in a big way.
Supply chain capabilities are guided by the decisions you make regarding the five supply chain drivers. Each of these drivers can be developed and managed to emphasize responsiveness or efficiency depending on changing business requirements. As you investigate how a supply chain works, you learn about the demands it faces and the capabilities it needs to be successful. Adjust the supply chain drivers as needed to get those capabilities. Continue reading