Use of technology in achieving strategic

Use of technology in achieving strategic & operational objectives of organization : 

Use of technology in achieving strategic & operational objectives of organization Submitted by- Ajit kumar Seth Nivedita Biswal Ranjeeb Padhi Vivek Mohapatra

. : 

. Today, we are all aware of the importance of technology to modern business, including process technologies as well as consumer and industrial products incorporating technology.  Technology helps businesses maintain data flow, manage contacts, track processes and maintain employee records. Technology helps business operations by keeping them connected to suppliers, customers and their sales force.

Level of technology management : 

Level of technology management Global Technology Management Strategic Technology Management Operational Technology Management

Technological innovation : 

Technological innovation Technological change = Invention + Innovation

Managerial Functions Of Technology Management : 

Managerial Functions Of Technology Management Identification Selection Exploitation Technology assessment Technology forecasting Customer –supplier network Pre selection framework Benchmarking Incremental development Market scanning Decision criteria & Process Product management Information Management Monitoring / information Complementary assets

The Role of Technology in a Business Organization : 

The Role of Technology in a Business Organization Internet Presence Accounting Medical Field Use of PDAs in Business

Role of Technology on BusinessDecisions : 

Role of Technology on BusinessDecisions Business Model Staff Workplace Communications Information and Data Management

RFID Technologyin WAL-MART : 

RFID Technologyin WAL-MART In efforts to implement new technologies to reduce costs and increase the efficiency, in July 2003, Wal-Mart asked its top 100 suppliers to be RFID compliant by January, 2005. Wal-Mart planned to replace bar-code technology with RFID technology. This replacement reduced its supply chain management costs and enhance efficiency.

Cont… : 

Cont… Because of the implementation of RFID, employees were no longer required to physically scan the bar codes of goods entering the stores and distribution centers, saving labor cost and time. use RFID reduced the instances of stock-outs at the stores.

conclusion : 

conclusion Technology makes it possible for businesses to operate efficiently and effectively with minimal manpower and helps to reduce the cost of doing business.