Digital technology certainly is the foundation of the Digital Age. It truly is the communication medium of the Facts Age, merging both voice-data to provide an event far over and above analog signals. A “CD” gamer is the most prevalent example of digital technology, as it exchanges 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 some labor. Digitized data can be stored in binary code of zeros and ones and represents pictures and words. Technology allows huge amounts of data for being compressed on to small portable storage units that are easily transported and maintained. Digital technology is being used to get rid of much of the manual work view in the supply chain, while enabling makers to keep costs low and quality high.
Today’s financial model requirements more from manufacturers and distributors. They need to go beyond the regular methods of product engineering and design and embrace digital technologies. The supply chain must adapt to this kind of change if it wants to still serve the customer effectively and efficiently. To make this happen, manufacturers and distributors are embracing digital technology and working with source chain control providers to extend and intensify the digital technology.