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Discussion of Technology in Supply Chain Management Annotated Bibliography

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Verhoeven, P., Sinn, F., & Herden, T. T. (2018). Examples from blockchain implementations in logistics and supply chain management: exploring the mindful use of new technology. Logistics, 2(3), 20-23.

The article looks upon how much money blockchain technology can save in the logistics industry, its problems, and how companies are already using its advantages. The article discussed five blockchain clusters and shows how blockchain technology can benefit each of them (Verhoeven, P et al., 2018). In all cases, the blockchain allows for reliable storage of information about the movement of goods, thus significantly reducing transaction costs in the supply chain.

This source is beneficial for understanding how blockchain technology works in different logistics settings. The article analyses five blockchain clusters in-depth and provides credible information about the nuances of the use of this technology. Moreover, the authors highlight difficulties logistics managers may encounter in applying blockchain technology in specific logistics fields.

Garsten, E. (2021). Forbes. Web.

The article looks at a possible solution to a long-standing U.S. problem of driver shortages. Coming to the U.S. market, Einride pioneers a remote trucking program, within which drivers may control several trucks at a time due to remote control instruments. Initially, the program will be launched only in some geofenced areas; however, the company hopes to expand the technology to embrace all kinds of roads.

This source highlights new inventions in the logistics field and may benefit researchers interested in new technologies. The advantage of this article is that it provides up-to-date information on solutions to a shortage of truck drivers and gives an unbiased view on how this solution may make logistic chains more cost-effective. Moreover, the authors describe the current limitations of the new technology and show how they can be surmounted.

Richard E. C. (2021).Association For Supply Chain Management. SCM Now – Official Magazine of ASCM.Web.

The article describes the expected shift from petrol cars to electric ones. The author states that major car manufacturers are replacing internal combustion engines with electric ones to make their production more eco-friendly. The author identifies drivers for this shift, among which are reducing carbon emissions and cost since electric cars have fewer parts and are cheaper to produce.

This source is beneficial for understanding global trends in the automobile industry. It may be helpful for logistic companies that plan to acquire new cars to see that electric vehicles are less costly and more eco-friendly to make a choice in their favor. Moreover, getting to know how the automobile industry will change in several years makes it easier to make accurate forecasts in the logistics sphere.

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IvyPanda. 2022. "Discussion of Technology in Supply Chain Management." December 12, 2022. https://ivypanda.com/essays/discussion-of-technology-in-supply-chain-management/.

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IvyPanda. "Discussion of Technology in Supply Chain Management." December 12, 2022. https://ivypanda.com/essays/discussion-of-technology-in-supply-chain-management/.

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