Digital technology is the foundation of the Digital Age. It is actually click to find out more the communication medium of the Information Age, merging both voice-data to provide an event far other than analog signals. A “CD” participant is the most common example of digital technology, as it transfers sound and info in digital format. Digital technologies are being used in all areas from Digital Video Recorders to Digital Image Storage space to Paging transmitters.
Technology is the first step toward a robust supply chain. That makes possible the elimination of duplication of parts and saves time and labor. Digitized data is certainly stored in binary code of zeros and ones to represent pictures and words. Digital technology allows huge amounts of data to get compressed onto small portable storage equipment that are conveniently transported and maintained. Digital technology has been used to eradicate much of the manual work in the source chain, although enabling suppliers to keep costs low and quality big.
Today’s financial model demands more out of manufacturers and distributors. They need to go beyond the traditional methods of product engineering and design and embrace digital technologies. The provision chain must adapt to this kind of change whether it wants to still serve the consumer effectively and efficiently. To make this happen, manufacturers and distributors are embracing digital technology and working with source chain control companies to extend and intensify the digital technology.