How Technology Can Assist in Achieving Transparency in a Global Supply Essay

How engineering Can Assist in Achieving Transparency in a Global Supply Chain - strive ExampleGlobal supply chain mainly deals with transportation of products to a plethora of countries rather than topical anaesthetic or nationwide orientation. The prime objective is to create net worth, competitive transportation and to meet up with supply along with demand of the customers. Along with these, the total personify involved in the transportation of products should likewise be quite reasonable, in order of magnitude to retain its market share among others (Mentzer, 2001). Hence, in order to have got in this era of sphericization and industrialization, it is essential to implement innovative technologies, information technology (IT) strategies along with raw equipments to ease the difficulties associated with supply chain. Due to globalization and offshore sourcing, the issues colligate to global supply chain is comely more significant and striking in this recent era. Thus, in order to ensure sustainability, every judicature related with logistics is attempting to implement innovative IT technologies and policies in order to remain competitive in the market. It is essential as it would facilitate in reducing varied problems namely shipping time, charge of required space, tariffs, local terms of the labors and weather conditions among others. Due to the above mentioned problems, both the customers and the dealers have to face varied consequences which even include cancellation of the commence at times. Thus, in order to solve these problems, the global supply chain organizations are attempting to implement IT strategies and systems such as online websites (Mentzer, 2001). Implementation of IT strategies would facilitate the customers to purchase or book the products with the help of online websites. It would ease the problem related with the transportation of the products from one place to the other. Hence, it would also reduce the total expenditure of an organization as fountainhead as the customers, which would rather develop beneficial for both. Furthermore, with the help of E-procurement and E-sourcing techniques, varied organizations can easily connect to motley reputed suppliers and distributors in a single span of time, which is quite noteworthy (Epiq Technologies, Inc, 2010). It would also help to reduce the cost incurrence of the organizations thereby improving the total revenue. Moreover, the introduction of E-purchasing technique would also facilitate to enhance customer awareness and responsiveness thereby augmenting corporate image and brand identity for an organization in the market. Moreover, by the effectuation of E-sourcing software, the entire business operations can be mapped and operated with a single electronic machine in a particular place thus reducing the cost of traveling. It would also help in enjoyment of the total time in productive work which would increase the efficiency and the profitability of an organization. It would rather prove beneficial for the organization as well as the employees (Epiq Technologies, Inc, 2010). With the help of technological aspects such as IT, the global supply chain organizations can also offer varied discounts strategies on the packaging quantities in order to attract additional customers, which would be beneficial for the organizations. Hence, it would help to improve the total revenue of the organization in the market. Apart from the above mention