In what ways can information be helpful in logistics and supply chain management?

Well, Information is very essential in every organisation. In logistics and supply chain management information plays a crucial role because this business is customer centric and consists of several components. Various activities takes place like in supply chain management and logistics like warehouse management, inventory management, transportation of goods and services or freight forwarding etc. So, a proper communication channel is required among internal stakeholders, manufacturer and supplier, warehouse managers and freight forwarders etc. Therefore, timely exchange of information will not only improve supply chain responsiveness but will also enhance cash flow and profitability to every link in the supply chain and ultimately contribute to consumer satisfaction.