In the Second Part of the Information Age, Technology Is

question 40

Short Answer

In the second part of the Information Age, technology is everywhere and the key challenge is to apply IT to gain ________________.

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Definitions:

Make-to-order

A manufacturing process in which the production of an item begins only after a confirmed customer order is received.

Customer Order

A customer order is an official request made by a customer for a company's goods or services, typically documented and processed for fulfillment.

SCM

Supply Chain Management involves the management and control of materials, information, and financial flows from the supplier through to the manufacturer, then on to the wholesaler and retailer, and ultimately to the consumer.

Source Component

In software, a fundamental piece of code or module that contributes to the functionality of a larger application or system.