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Interfacing with Supply Chain

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Explain how a supply chain that interfaces with customers and suppliers on production planning has changed over the last decade with the development of the Internet and other advances in supply chain technology.

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The response addresses the queries posted in 966 words with references.

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The response addresses the queries posted in 966 words with references.

//In this paper, the main discussion will be on supply chain which interfaces with suppliers and customers on production planning that has changed over the last decade with the development of the Internet and other advances in supply chain technology. First of all, a brief introduction about supply chain management will be provided. After that, the utilization of Internet, Information technology, and other technologies will also be provided.//

Supply Chain

Supply chain management is the management of a network of interrelated business, comprised in the provision of service and product packages needed by the end customers in a supply chain. Supply chain management covers all the accumulation and movements of finished goods, and work-in-process inventory from the beginning point to the point of expenditure. Several problems are addressed in supply chain management, which are distribution strategy, information; trade offs in logistical activities, inventory management, cash flow and distribution network configuration (Articles : Supply Chain : Supply Chain Technology, 2012).

Supply chain management and e-business, and other techniques

Due to several complexities and challenges which organizations face in current ever changing business environment, ascertaining a valuable supply chain has become a core competency for several organizations. The significance of supply chain demonstrates that how to work between and within organizations. It must be identified that companies seeking improvement and enhancement should set as a vital objective for the attainment of knowledge of e-business models (Ross, 2003).

In this regard, information technology, Internet, e-commerce, and e-commerce business models can assist ...

Solution provided by:
Ashish Sharma, MBA (IP)
Education
  • MBA (IP), International Center for Internationa Business
  • BBA, University of Rajasthan
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