Topic 27 - Technology In Operations

Question 1

3 benefits of using technology to keep track of supply chains

Answer 1

Supply according to demand = sustainability

Just in time ordering of stocks

Reduces costs at all stages of supply as they are all electronically monitored

Question 2

Computer-aided designing benefits

Answer 2

Simulation of designs = less costs than prototype

Finished design data can be passed to computer controlled machines to produce it = reduces errors and waste.

Design different versions of a standard product to sell to various market niche’s

Question 3

4 overall benefits of using new tech?

Answer 3

Lower unit costs of production as less waste and high productivity
Better communications and management info
Quicker and flexible operations
Better customer service (Internet purchase)
Improves quality and reduces waste

Question 4

How can tech be used to monitor the supply chain?

Answer 4

Computers monitor all 5 stages of a sale to a customer (plan-supplier-manufacture-deliver-returns) and use the Internet to track the situation of product stages of development and consumer demand