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Supply Chain Management and Pricing

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In what ways has the Internet made supply chain management easier? More difficult?

How is the idea of personalization or personal value pricing supported by e-commerce applications? Might these applications lead to new areas of competition for a firm? If so, how?

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This response discusses about the impact of internet on the supply chain management. Also, further, it is discussed how the concept of personal value pricing is supported by e-Commerce applications.

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Supply chain management & contractual flexibility

Topic: Supply chain management & contractual flexibility

Please provide DETAILED explanation of the following:

* What is the value of contractual flexibility in managing outsourced supply chains?

* How does contractual flexibility factor in when a company changes an order in response to new demand information for the company's product?

* Are there any simple approaches to attempt to evaluate this contractual flexibility?

* How much more might a company be willing to pay for a supplier that will offer contractual flexibility?

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