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Now that you have read the lecture you have an understanding of the more popular supply chain systems. Your company is growing and expanding. You want to be able to continue delivering your product on time while maintaining an excellent quality standard. At the same time, you want to be able to increase your company’s profit. One of your options is to use one of these systems to track all steps involved in the supply chain.
1) Please tell me in detail which system or systems your company will use and explain in detail which features or aspects you found the most useful of that system.
2) How will it benefit your company’s supply chain? Explain in detail. For example, your company’s ability to track inventory levels. Remember we always want to maintain low inventory levels because this affects profits.
3) What sorts of other technologies would you incorporate into your supply chains to increase efficiency? Please explain in detail. Be as creative as you want. For example, Amazon wants to reduce its delivery times further, so it has dedicated resources towards the development of drone technology. Their end goal is to have drones make deliveries this cuts costs such as those of fuel, salaries, insurance, etc.
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