Supply Chain and Logistics Technology Research Paper

Supply Chain and Logistics Technology - Research Paper Example From equipping transport executives with highly computerized gadgets that track inventory, or depending on wireless instruments to check the temperature level of frozen items as they are being transported all through the supply chain, it is evidently clear that the supply chain industry has appreciated and understood the importance of wireless technology (Frost and Sullivan – wireless devices, 2009). Wireless technology is increasingly assisting the companies within the supply chain industry to operate faster, better, smarter and increasingly more efficiently in a competitive global industry. There are specific mobility and wireless trends happening within the supply chain industry, which can be beneficial to individuals engaged in the logistics and supply chain business.Wireless Technology Enhances Transparency n the supply chain and logistics management industry, participants are continuously under pressure to minimize expenses as a strategy of profit maximization. Logistics managers are therefore keen on cutting back on certain costs such as labor and fuel. A slight increase in these expenses beyond a company's projections may negatively affect the company's profitability, especially when multiplied across different stages in the supply chain. In this regard, organizations are continuously resulting in wireless software applications that offer to trace and tracking abilities that lead to greater transparency and efficacy.   Wireless solutions are preferred since they can provide proof of delivery of shipped goods.