Reference no: EM132326273

Assignment: Reply to the students response to the question in 150 words and provide 1 reference question:

• Provide an example of how each of the following technologies can create a competitive advantage for a logistics network : RFID, cloud computing, and the Internet-of-Things. Which do you think will be the greatest advantage for your current employer or your favorite retailer? Support your answer with cost, service and risk issues.

Student response: RFID could create a competitive advantage by reducing the time needed to get a package from a warehouse to a customer. Instead of opening a box and scanning the individual barcode in and out, the RFID would automatically identify when a product is leaving or arriving. The reduction in package handling time reduces shipping times. A small company could use cloud computing to have a competitive advantage over other small companies in the same market place. For example, a small company could impellent software on a user by user basis instead of having to spend on an enterprise-wide system. The cost savings could allow the ability to sell products at a lower cost, leading to a low-cost competitive advantage. The internet of things could provide a competitive advantage by increasing communication of customer's wants and company delivery. A company that sells chlorine for a pull could put a sensor in a customer's pool. When the chemical is low, the company would automatically send a new shipment. I think the greatest advantage would be the internet of things. If a sensor could tell my company if the grass were getting enough water, it would save a lot of guessing. On average, the company spends 10 hours a week reviewing sprinkler systems. That $160 could be going toward a capital expenditure instead. However, the risk is that the crew would rely on the sensor and lose their skill.