Role of modern technology in changing supplies and logistics management

The term ‘Logistics’ have been taken from military where it is related to the procurement of arms and ammunitions and much needed supplies for the armed forces who are fighting with enemies at the front. Today, logistics is not only related to the movement of physical goods, but it is also related to the management of the relations of suppliers and customers. Logistics management means, the management of movement where the customers’ needs are fulfilled and satisfied through integration and co-ordination of the supply chain. In this paper, the role of information technology, communication technology and auto-identification technology in managing the supplies and logistics has been discussed. A lot of innovations in this field have changed the way the goods are managed and they have made the things easier and faster. This paper discusses the impact of modern technology on in logistics and supply chain management. In this paper, it is concluded that technology has increased the effectiveness and competitiveness of supply chain management by identifying, managing and delivering the goods at a faster pace.