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Web-Based Supply Chain

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1. What is the purpose of a Web-based supply chain?
2. How do Web-based supply chains work?

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1. The purpose of a Web-based supply chain, also called a Virtual or Internet Supply Chain, is to exclude phone calls or snail mail and manage all aspects of itself via the World Wide Web. A key constituent of supply chain management strategies is information sharing. Software component technology facilitates information sharing by providing a means for integrating heterogeneous information systems into virtual information systems. Extranet technology facilitates information sharing between an enterprise and its ...

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The solution discusses the purpose of a web-based supply chain.