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INFORMATION TECHNOLOGY IN BUSINESS AND SUPPLY CHAIN MANAGEMENT

Information technology in business transforms the daily processes in supply chain management. Moreover, information technology drives innovation which is the path to business success. Therefore, with more innovation, people create new businesses. Additionally, information technology fosters innovation in business. Consequently, innovation results in improved data storage, smarter apps, wider information distribution, and faster processing. It also makes businesses to run more efficiently, Additionally, it increases value, boosts productivity, and enhances quality. Supply chain management uses information technology for accurate real-time tracking and accurate delivery systems. Although the transition from old technology to new takes time, leveraging new technologies is key in competitive industries to ensure the success of a business. Read more on information technology in business and supply chain management at; https://smallbusiness.chron.com/information-technology-its-uses-business-management-51648.html THE IMPORTANCE OF INFORMATION TECHNOLOGY IN BUSINESS Information technology in business provides the tools to solve complex problems. This is through improvement in hardware and smarter applications that help in research, analysis, and planning scalability. Furthermore, information technology helps in maintaining an efficient supply chain management. Also, it has led to the improvement of marketing through internet marketing. This promotes the success of a business by providing an opportunity to reach a larger target audience. Moreover, it has led to the improvement in resource management through cloud computing where employees of a company can use any devices anywhere to access their enterprise-level software. Read more on the importance of information technology in business at; https://www.business2community.com/tech-gadgets/importance-information-technology-business-today-01393380#:~:text=Information%20technology%20fosters%20innovation%20in,enhances%20quality%2C%20and%20boosts%20productivity. IMPACTS OF INFORMATION TECHNOLOGY ON SUPPLY CHAIN MANAGEMENT Information technology in business has led to greater efficiency and transparency in supply chain management. This is through wireless technologies and cloud computing that automate systems and improve accuracy. Additionally, automate systems improve processes and store data for the analysis of target areas for improvement. This leads to the success of a business. Moreover, information technology has led to smoother and more frequent communication which makes the business operations much easier. It also helps to focus on individual employees by providing workers with devices that are most appropriate for their work. Read more on the impacts of information technology on supply chain management at; https://www.duprelogistics.com/the-impact-of-technology-on-supply-chain-management/

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