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Advancement In Distribution Network

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Question:

What is the most significant development in distribution networks in the past 10 years?
 
 

Answer:

Advancement in Distribution Network

There have been significant changes in the development of distribution networks over the years. Evolution of information technology has made it possible to improvise the different business operations and simplifying the different business processes. For example, the evolution of tracking systems is one of the significant developments in the distribution network in the past 10 years apart from computerization of inventories. The computerization of the inventories also make of efficient tracking system, to keep a track of the needed office supplies, raw manufacturing materials and items for sale. The tracking system not only ensures data accuracy but also ensures consistency in the business processes. The computerization of the inventory guarantees that the orders, reports and inventory documents are uniform in their presentation, which in turn helps in proper management of the business operations.

In 1950s, 41000 miles Interstate highway network was introduced in US with an aim of eliminating unsafe roads, insufficient routes and traffic jams. This network can be easily contrasted with the modern tracking system and GPS, which is used to observe a person or an object moving or following a particular sequence. This can be inventory-tracking, vehicle tracking and so on. The vehicle tracking system using GPS is used to obtain real time data of vehicles plying on road in order to avoid a traffic jam or understand the situation of a particular road (Ramani et al., 2013). However, it may to be more important than development of free trade, as it is a policy, which enables more goods and services to reach the consumers in a much lower price and therefore, it should facilitate free trade (Duranton, Morrow & Turner, 2014).

 

References

Duranton, G., Morrow, P. M., & Turner, M. A. (2014). Roads and Trade: Evidence from the US. Review of Economic Studies, 81(2), 681-724.

Ramani, R., Valarmathy, S., SuthanthiraVanitha, N., Selvaraju, S., Thiruppathi, M., & Thangam, R. (2013). Vehicle tracking and locking system based on GSM and GPS. International Journal of Intelligent Systems and Applications, 5(9), 86.

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