Track: Supply Chain Management

Abstract

Technology of the modern era has brought an overhaul to the supply chain management and logistics systems completely. With apps that enable easy tracking of the product and supply distribution, even small businesses are flourishing exponentially. This paper discusses the literature review on the applications of these systems, concerning technological advancements, in operational and supply chain management strategies and how managers implement these systems using technology and modern applications. The introduction of computers and machine intelligence has changed the way of the organization doing the supply chain management. From robotic packaging of products to drone delivery systems, artificial and augmented intelligence is the future of logistics as opposed to the traditional supply chain management, where it was based upon physical delivery systems and vendors selling the product or franchises and distributions among markets for a certain product. The implications and negative aspects of technology with the inclusion of risks affiliated with Web 2.0 type cloud servers are also discussed in depth