Friday, August 9, 2019
Supply chain management Assignment Example | Topics and Well Written Essays - 2000 words
Supply chain management - Assignment Example This report discusses the electronic supply chain management. This research is initiated after the decision of the ABC manufacturers, which supplies supermarkets all over the country. The company is going to start the electronic supply chain management system to meet the upcoming market challenges. This research will describe the importance of the electronic supply chain management system for a company and its potential advantages for the better corporate management and online business. The main aim of this report is to access the main advantages of the electronic supply chain management system and streamline the main areas of implementation of this technology. According to (Kenneth 1999, p.55), ââ¬Å"Supply chain management incorporates the supplier, distributor, and customer logistics requirements into a single consistent practiceâ⬠. The supply chain is a group of corporal attributes for instance industrialized plants, giving out centers, conveniences, retail outlets, staff and information, which are connected from side to side activities such as procurement or logistics, to deliver goods or services from starting place through utilization. Goods or services begin as unprocessed materials and progress through the companyââ¬â¢s logistics and manufacture system in anticipation of they arrive at customers. To deal with the supply chain, an organization attempts to get rid of impediments and engrave the amount of resources engaged along the way. This can be carried out by streamlining the organizations inside operations or by plummeting inventory costs by getting information from the suppliers to put of release of goods and their pa yments until the instant they are required. Information Technology makes well-organized supply chain management promising by incorporating demand planning, predicting, materials demand, and order handing out, inventory allotment,
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