E-Business and the Supply Chain
Competition, global and domestic, shortened product life cycles, and today's economic conditions provide ongoing challenges for distributors of goods and services. Organizations that remain tied to the conventional supply chain processes find the increasing demands made by major consumers to be a trial because of the inaccuracies associated with forecasting the purchasing habits of those same customers. While distributors endeavor to enter into value-added supply-chain services such as collaborative planning and vendor-managed inventories some vendors oppose the efforts which in turn forces distributors to struggle with inadequately controlled inventory levels. The outdated practices used by distributors and vendors hinder every phase of supply chain management. Without resolution, organizations face issues such as high discounts, a reduction in orders, an increase in inventory costs, and a loss of customers. It is essential for companies to create......
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Approximate Word Count: 1738
Approximate Pages: 7 (260 words per double-spaced page) |