An analysis of the impact that the internet has had to date on supply chain management and consideration of likely future trends.
Written in 2005; 1,900 words; 5 sources; MLA; $ 60.95
Paper Summary:
This paper examines how the involvement of the internet has significantly changed supply chain management, making electronic data interchange (EDI) available to smaller companies. It looks at how the use of the internet in both smaller and larger firms, has enabled a new degree of transparency across supply chains, causing supply chain management to become a pivotal part of competition across industries.
Outline
Introduction
Electronic Data Interchange
Effects of the Internet
Industry Dynamics
Statistical Data
Electronic Market
Concerning Issues
Enhanced Efficiency
Future Trends
Conclusions
From the Paper:
"In the past information diffusion across supply chains was largely through the movement of paper. Primarily invoices, purchase orders and bills were the main information moving across supply chains. Information technology and telecommunications were not significantly contributors to supply chain management, and information sharing was significantly limited. In the decades preceding the 1980's, despite the existence of EDI technology, using a value added network, inter-company information sharing was limited due to a fear of losing competitive advantage. It was largely perceived that through the distribution of insightful information, such as inventory levels and production schedules, competitive advantage would be lost."
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