Asked by Michelle Dalton on Jul 07, 2024

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Supply chain information technologies can provide timely, cost-efficient sharing of information between suppliers, manufacturers, logistics services providers, and customers.

Information Technologies

Utilizing computers, storage mechanisms, communication networks, and other tangible tools, infrastructure, and methods for the production, processing, preservation, protection, and distribution of all types of electronic information.

Cost-Efficient Sharing

A strategy that aims to reduce costs through the shared use of resources, services, or infrastructure.

Logistics Services

Services involved in the management of the flow of goods from the point of origin to the point of consumption, aimed at meeting customer requirements.

  • Comprehend the effects of extensively digitized supply chains on organizational efficiency and income generation.
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DM
Denise MujicaJul 11, 2024
Final Answer :
True
Explanation :
Supply chain information technologies, such as electronic data interchange (EDI) and radio frequency identification (RFID), enable quick and efficient sharing of information between all parties involved in the supply chain, leading to improved coordination and better decision making. This can ultimately result in cost savings and increased customer satisfaction.