Today, the availability of e-commerce and m-commerce for online shopping with the ease of technical factors has made many businesses consider supply chain management vital. For manufacturing companies, the process seems somewhat critical. As they depend on the supply chain partners for their productsâ€™ delivery. For manufacturing units, suppliers, retailers, wholesalers, shippers, and distributors stand as major stakeholders. That lately finishes final supply of the finished goods to the customer from manufacturerâ€™s end. Advancements in technology and enhanced customer expectations arise the considerable need for an integrated supply chain management. Manufacturing firms need to create substantial customer bases while making digitization of business processes. Therefore, it increased the need for a digital environment in a firm to integrate the different supply chain management operations. In the supply chain, the advanced technologies today enabling businesses to develop solutions for end-to-end supply chains that help to accelerate processes. In this, real-time information plays a vital role in supply chain management. Software designed regarding supply chain management is to gather data from various supply chain partners. It manages and enhances that information to gain on-time inventory management, procurement, enhance manufacturing efficiency, and meet customer requirements. Moreover, the technology integration in supply chain solutions enables companies to achieve on-demand mass customization in the production cycle.
The involvement of technology with digital communication provides a quick and easy connection between the business and its customers. It enhanced delivery and visibility methods for customers making facilities and services more transparent to them. In this way, customerâ€™s expectations and requirements are also enhanced considering transparency, delivery, and response times. It is because of technology that companies are dealing with more transparent supply chain management systems. Where a couple of decades ago, companies were at ease to hide interruption errors. While today due to technology integration, customers can track their productâ€™s undertaking processes. Earlier, receiving goods and updates to the customers was very slow, and they expect data according to it. At the same time, todayâ€™s advancement in technology made them expect in a faster way. With todayâ€™s technology, customers can receive instant answers to their queries related to their goods and their delivery status via digital modes. Technology has transformed the requirement of supply processes from nice to have to necessary business offerings as supply chain management systems.
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