Supply Chain Management and the Internet
This paper analyzes and focuses on the significance of supply chain management (SCM) in business and the manner in which the latest internet technologies in correlation with SCM can increase both productivity and profits.
# 74742 | 2,366 words | 5 sources | MLA | 2005 |
Published on Oct 23, 2006 in Business (Information Mgmt. and Systems) , Computer and Technology (Internet) , Computer and Technology (Technology) , Business (Applied Operations)
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This paper defines the concept of SCM as a process of planning, implementing and controlling the operations of a supply chain business with the prime goal being increased profits as well as a satisfied client base. The writer contends and explains why supply chain businesses are complex and often involve multiple end products with shared components, facilities and capabilities. This paper details the manner in which tailored software and specific technologies, such as Electronic Data Interchange, enhance and contribute to the productivity and profitability of supply chain businesses. This paper discusses the effectiveness of implementing various software programs in order to gain better control over inventory, profits and even levels of service and customer satisfaction. This paper also supplies four graphics clearly illustrating the resulting impact of implementing specific software technologies alongside supply chain businesses.
Table of Contents:
Table of Contents:
From the Paper:"Conventionally, the operation of marketing, distribution, planning, manufacturing, and the purchasing department of an organization along the supply chain are somewhat independent. Such organizations have their own functions and goals and these are often conflicting. Many manufacturing concerns are traditionally structured to maximize productivity and lower costs disregarding the fact of its impact on inventory levels and distribution capabilities. The purchase contracts sometimes are negotiated with little information on the present trend. Such an independent view deprives the organization of an integrated plan which is felt essential that seeks to integrate the different functions together so as to achieve the clear objective of maximization of productivity. Supply Chain Management sought to be a strategy that entails the organization of such integration. Supply Chain Management is visualized as a mid-way between the fully vertically integrated firm where the entire material flow is owned by a single firm and those where each channel member functions quite independently."
Cite this Business Plan:
Supply Chain Management and the Internet (2006, October 23) Retrieved November 29, 2022, from https://www.academon.com/business-plan/supply-chain-management-and-the-internet-74742/
"Supply Chain Management and the Internet" 23 October 2006. Web. 29 November. 2022. <https://www.academon.com/business-plan/supply-chain-management-and-the-internet-74742/>