Supply Chain Management

Essay # 102824

Business > Finance, Investment and Banking
Business > Management
Computer and Technology > Internet

An analysis of supply chain management within business-to-business online auction transactions.

823 words () | 3 sources | APA | 2008 United States

Paper Summary:

This paper discusses management of the supply chain, which is the manufacturing process by which raw materials are acquired and delivered, shaped into the product and then delivered to stores. The paper specifically focuses on how supply chain management can be applied to business-to-business (B2B) transactions. It also looks at the online auction as a method of (B2B) transactions.

From the Paper:

"Automated procurement systems will be implemented more and more but will also require careful monitoring to assure that the promised benefits are delivered. Such systems save time and money and can be the best way to fulfill the needs of the supply chain over time. Companies that have used these systems properly to date have reduced costs and maintained the supply chain, while those that have failed could correct the error not be abandoning the project but by shaping it more carefully."

Sample of Sources Used:

Knolmayer, G., Mertens, P., & Zeier, A. (2002). Supply chain management based on SAP systems: Order management in manufacturing companies. New York: Springer.
Sap Aktiengesellschaft (1999). Sap Aktiengesellschaft Systems Applications Products in Data. Retrieved March 26, 2007 from http://www.secinfo.com/dsvr4.64Qa.htm.
SCM Information Technology (2007). Retrieved March 26, 2007 from http://www.coe.ubc.ca/~marty/bams514/BAMS514ITNotes.doc..