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Supply Chain Collaboration Between The Organization

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In most organizations, supply chain collaboration between the organization and suppliers can reduce inventory costs with the use of information technology (IT). Laudon and Laudon (2007) suggest that IT consists of all hardware and software that a firm needs to use in order to achieve its business objectives. Computers, printers, and handheld personal digital assistants are considered hardware components. Software includes operating systems such as Linux or Windows, the Microsoft Office desktop productivity suite, and other computer programs essential to an organization that is currently on the market. Information technology offers a competitive advantage, reduces and controls costs, improves customer and supplier intimacy, and access to the global economy. Information Technology Competitive Advantage According to Laudon and Laudon (2007), more than 23 million managers and 113 million workers in the United States’ labor force rely on information systems ...

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