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Supply Chain Management Benefits

What are the benefits of using the Internet in support of supply chain management and e-business?

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There has been tremendous impact of internet on the supply chain management. The information is exchanged much more quickly than any other thing which is helping the organizations to make more quick and accurate decisions. Internet has removed geographical and time restrictions for the organizations. It also helps in following:
? Recording and analyzing strategic management records : processing these strategic management records into industry trends reports, market share reports, mission statements, and portfolio models
? Use of all the above to implement and control the businesses.

Thus they are more connected and knowledge seeking to improve the processes, ...

Solution Summary

The solution discusses the benefits of using the internet in support of supply chain management and e-business.