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The Essentials of Supply Chain Management: New Business Concepts and Applications by Hokey Min

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13. Emerging Technology in Supply Chain Management

“Information technology and business are becoming inextricably interwoven. I don’t think anybody can talk meaningfully about one without talking about the other.”

—Bill Gates, in his book titled Business @ the Speed of Thought (1999)

Learning Objectives

After reading this chapter, you should be able to:

• Understand how rapid advances in information technology have changed our daily lives and the way buyers and suppliers interact with each other to strengthen their supply chains.

• Describe the role and impact of information technology in the supply chain.

• Keep abreast of emerging technology available for effective and efficient supply chain operations.

• Appreciate the power of e-commerce ...

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