Manufacturing Technology Annotated Bibliography Example | Topics and Well Written Essays - 750 words

Manufacturing Technology - Annotated Bibliography Example The most productive technology is logistics management for maximum productivity (Bielecki and Szymonik 2011). Manufacturing Technology has adverse effects on the Supply Chain Management, and with the betterment of this technology, companies can better their productivity and ultimately profits. Logistics management is essential in bettering the management of the supply chain. Logistics is a vital area in supply chain management, and through it, companies can better their production volumes. An example of a logistics approach to manufacturing is the 7R rule. It includes right product, quantity, condition, place, time, customer and at the right price (Choi, Dai, and Song 2004). This strategy betters the supply chain management, since the companys goods reach the market as intended, maximizing demand and customer loyalty. In any manufacturing industry, the level of competition is very high, demanding control measures to maintain a companys market. The approach to cost rationalization aims at ensuring favorable of competition of the products with other rivals. The company, therefore, has an improved system for managing the supply chain with the lower prices. With the reduced prices compared to rival companies, the organization obtains a well-developed supply chain, where their products are in demand. Provision of logistic security is very helpful in terms of bettering the management of the supply chain. It allows the organization to undertake its tasks with no worries of information leakage or loss. Logistics management improves the organizations information security, making it much easier due to the protection. Competitors cannot access the companys information on supply chain management, allowing it to gain competitive advantages and thrive in the competition. Through logistics, companies can manage the flow of information