Prepare a paper explaining the following: (Must use at least 3 references)
o the concept of the Supply Chain,
o how the supply chain concept applies in eBusiness,
o what are the benefits to the supply chain through automation using eBusiness
concepts to improve the supply chain, and
o how the supply chain differs on a B2C website compared to a B2B website.
o Give specific examples. Use the eBiz website as a resource.
The response addresses the queries posted in 1259 words with references.
//The given paper is based on the concept of supply chain management. Before analyzing the different concepts of supply chain management and its application in e-Business, it is better to understand the concept of supply chain management. Regarding this concern, the first part of discussion is giving an introduction of supply chain management.//
The complete business chain, which includes procurement of inputs, in bond logistics, conversion of raw material into end products, out bond logistics and channel function, is referred as Supply Chain. It plays a crucial role in delivering the products to the consumers. The value chain of a company or a firm is affected by the supply chain. The supply chain distributes the actual value of the firm. A business firm uses its supply chain to optimize total customer value with the help of Supply Chain Management. It can also be said that it is a network to deliver values to the consumers (Ramaswamy & Namakumari, 2007).
//After understanding the concept of supply chain management, the functions of supply chain can be better understood. The functions of supply chain are very useful in the e-business. The further discussion is fully based on the application of supply chain in e-business.//
Different functions of supply chain are-
? The internal manufacturing function is improved with the help of supply chain.
? It focuses on the logistics and distribution.
? The cost of warehouse is saved and inventory is controlled.
? Total delivery system is provided with the help multimodal transportation.
? A network of quick responses of suppliers and retailers is created with the help of supply chain.
A business firm can use its supply chain as a tool to compete in the market. It is one of the major advantages of a company to have a superior supply chain in the cut-throat competitive market (Ramaswamy & Namakumari, 2007).
Supply chain and E-Business
E-business uses electronic means and describes the platform to carry on the business. The increasing use of internet has focused towards the online ...
1092 Words, APA Format