Image for Information Technology in Supply Chain Management

Information Technology in Supply Chain Management

Information Technology (IT) in Supply Chain Management (SCM) refers to the use of software, systems, and tools that help companies efficiently manage the flow of goods and information from producers to consumers. IT enables real-time tracking of inventory, automates order processing, improves communication between suppliers and retailers, and enhances decision-making through data analysis. This integration of technology streamlines operations, reduces costs, increases transparency, and ultimately ensures that products are delivered to the right place, at the right time, in the right quantity, benefiting both businesses and customers.