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ICT developments.

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Introduction

In recent years the modern age logistics in the world development is extremely rapid, on the one hand is because the world economics integration advancement is speeding up, specially the multinational corporation in the global purchase, the global production and the global sale scale is more and more big; On the other hand the reason is the information communication technology high speed development, enables the desire which optimizes in the global scope conformity resources realization to be able to realize, and the cost is more and more low. Thereupon logistics takes the modern information communication technology as the strut, which lead to its swift and violent development. ...read more.

Middle

The standard messages can be interpreted, processed and transmitted directly, using the same data communication protocols via a communications network, usually a direct link network or third-party network, to the destination without incurring the delay of mail delivery."(Paulson, J) ICT can be a powerful enabler of development goals because its unique characteristics dramatically improve communication and the exchange of information to strengthen and create new economic and social networks: * ICT is pervasive and cross-cutting. ICT can be applied to the full range of human activity from personal use to business and government. It is multifunctional and flexible, allowing for tailored solutions-based on personalization and localization-to meet diverse needs. ...read more.

Conclusion

ICT streamlines supply and production chains and makes many business processes and transactions leaner and more effective. * The increase in efficiency and subsequent reduction of costs brought about by ICT is leading to the creation of new products, services and distribution channels within traditional industries, as well as innovative business models and whole new industries. Intangible assets like intellectual capital are increasingly becoming the key source of value. With the required initial investment being just a fraction of what was required in the more physical-asset intensive industrial economy, barriers to entry are significantly lowered, and competition increased. * ICT facilitates disintermediation, as it makes it possible for users to acquire products and services directly from the original provider, reducing the need for intermediaries. ...read more.

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