Emerging Technology and Trends
Technology enabled business trends are reshaping E-Business and supply chain management strategies. Leading the way are “emerging Internet technologies, increased computing power of computers, and fast, persuasive digital communications that are creating new ways to manage talent and assets as well as new thinking about organizational structures” (Baghin, Chui & Manyika, 2010, p. 1, para. 1). Merging technologies affecting E-Business and supply chain management can be broadly separated into three categories: Radio Frequency Identification (RFID) and bar coding, Enterprise Resource Planning (ERP) integration, and Internet Technologies. In this paper, I will address each category and the benefits each provides to organizations in the form of improved processes and a reduction in expenses or cost.
Inhaltsverzeichnis (Table of Contents)
- Emerging Technology and Trends
- RFID and Bar Coding
- ERP Software Integration
- Internet Technology
Zielsetzung und Themenschwerpunkte (Objectives and Key Themes)
This paper examines the impact of emerging technologies on e-business and supply chain management strategies. The author explores the benefits these technologies offer, focusing on process improvements and cost reductions. * **RFID and Bar Coding:** The paper analyzes the growing use of RFID and bar coding technology in various industries, highlighting their contributions to inventory tracking, theft reduction, and process efficiency. * **ERP Software Integration:** The paper investigates the role of ERP software integration in optimizing information exchange and expense management within organizations, showcasing how it facilitates cost reduction and operational improvements. * **Internet Technology:** The paper delves into the various ways Internet technologies, including virtualization, cloud computing, Web 2.0, and video conferencing, are transforming e-business operations. It emphasizes the potential of these technologies to foster collaboration, improve worker productivity, and create new business models.Zusammenfassung der Kapitel (Chapter Summaries)
Emerging Technology and Trends
This section provides an introduction to the impact of emerging technologies on e-business and supply chain management. It outlines the three main categories of emerging technologies: RFID and bar coding, ERP software integration, and Internet technologies.RFID and Bar Coding
This chapter explores the use and benefits of RFID and bar coding technology in various industries. It highlights the role of these technologies in inventory tracking, theft prevention, and process efficiency.ERP Software Integration
This chapter discusses the significance of ERP software integration in streamlining information exchange and optimizing expense management within organizations. It emphasizes the potential of ERP integration to identify areas for cost reduction and process improvement.Internet Technology
This chapter examines the transformative impact of various Internet technologies, including virtualization, cloud computing, Web 2.0, and video conferencing, on e-business operations. It highlights the potential of these technologies to foster collaboration, improve worker productivity, and facilitate the development of new business models.Schlüsselwörter (Keywords)
The paper focuses on the role of emerging technologies, particularly RFID and bar coding, ERP software integration, and Internet technologies, in transforming e-business and supply chain management. It emphasizes the benefits these technologies offer in terms of process optimization, cost reduction, and enhanced collaboration. Key concepts include inventory management, expense control, business model innovation, and worker productivity.- Arbeit zitieren
- James Tallant (Autor:in), 2010, Emerging Technology and Trends , München, GRIN Verlag, https://www.grin.com/document/167297
