How Has The Evolution Of IT Affected Inventory Management

How Has The Evolution Of IT Affected Inventory Management

Find an article or describe an experience which demonstrates the use of information technology in inventory management. Consider also what impact 3D printing as described in the video, the Internet of Things or total transparency might do for the company. And what about having a fully connected refrigerator in your house? (Hint: Think of the Apple Store, catalog retailer websites, etc.)

This article may help:

http://www.inboundlogistics.com/cms/article/how-the-internet-of-things-impacts-supply-chains/ (Links to an external site.)Links to an external site.

as will this one:

http://www.forbes.com/sites/kevinomarah/2016/05/12/iot-and-supply-chain-management-a-roadmap-for-fast-followers/#6802216e228f (Links to an external site.)

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Information technology is an integral component of business operations. Primarily, IT has a significant impact on inventory management as it enhances ease in accessing data, efficiency, and accuracy thereby improving overall organization performance…