News Column

Studies from University of Technology Further Understanding of Information Technology

January 28, 2014



By a News Reporter-Staff News Editor at Information Technology Newsweekly -- Investigators publish new report on Information Technology. According to news reporting out of Southfield, Michigan, by VerticalNews editors, research stated, "This study investigates the impact of information technology (IT) on supply chain agility measured by the ability to sense and respond to market changes, and the impact supply chain agility has on firm performance. Data were collected from supply chain executives at 193 U.S. manufacturing firms."

Our news journalists obtained a quote from the research from the University of Technology, "The results suggest that IT improves the supply chain's ability to sense market changes by improving the adequacy, accuracy, accessibility, and timeliness of the information flows among members of the supply chain. IT also increases the supply chain's ability to respond to market changes by reducing the cost, and improving the quality and timeliness of developing and executing coordinated plans to respond to market changes throughout the supply chain."

According to the news editors, the research concluded: "Importantly, the results indicate that enhanced supply chain agility has positive impacts on the firm's sales, market share, profitability, speed to market, and customer satisfaction."

For more information on this research see: The impact of IT on supply chain agility and firm performance: An empirical investigation. International Journal of Information Management, 2013;33(6):909-916. International Journal of Information Management can be contacted at: Elsevier Sci Ltd, The Boulevard, Langford Lane, Kidlington, Oxford OX5 1GB, Oxon, England. (Elsevier - www.elsevier.com; International Journal of Information Management - www.elsevier.com/wps/product/cws_home/30434)

Our news journalists report that additional information may be obtained by contacting S.E. DeGroote, Lawrence Technol Univ, Coll Management, Southfield, MI 48075, United States.

Keywords for this news article include: Michigan, Southfield, United States, Information Technology, North and Central America

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Source: Information Technology Newsweekly


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