We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Nobody downloaded yet

Supply Chain Integration - Essay Example

Comments (0) Cite this document
Summary
This essay explains why the use of tB2B type relationships and the internet appear to be the solution to many supply chain problems (include e-auctions). Successful competition hinges on the creation of trust and prolonged partnerships among diverse actors within the supply chain including customers. …
Download full paperFile format: .doc, available for editing
Polish This Essay96.4% of users find it useful
Supply Chain Integration
Read TextPreview

Extract of sample
"Supply Chain Integration"

Download file to see previous pages The study "Supply Chain Integration" will help to understand than the coordination of information for the common benefit of businesses in the supply chain is more effectively accomplished via the internet. The internet in supply chain integration is important for the sharing of information relative to supply and demand in a more timely manner and as such signifies the significance that information and knowledge have in the creation of “value”. It is useful for efficiently facilitating the means for adopting “an integrated approach throughout the supply chain” and allows for the more effective balancing of “autonomy and control” among the individual supply chain partners. GE’s online business network is indicative of the significance of using the internet for integrating supply chain management. GE’s online trading process is a significant improvement on the prior process which involves prolonged “labor intensive contract biding and award processes”. By using the internet, businesses are able to reach out to new markets by providing reduced costs for entrants, less “complexity with more flexibility” and more importantly offer a far more efficient method for doing business. Another development in international business behavior necessitating integrating the supply chain via the internet and via tB2B is the tendency to outsource and the formation of tactical partnerships among industries. The internet provides a forum by which supply chain integration is accomplished at minimal cost with optimal success....
The internet in supply chain integration is important for the sharing of information relative to supply and demand in a more timely manner and as such signifies the significance that information and knowledge has in the creation of “value” (Graham & Hardaker, 2000, p. 287). Graham and Hardaker (2000) maintain that the internet is useful for efficiently facilitating the means for adopting “an integrated approach throughout the supply chain” and allows for the more effective balancing of “autonomy and control” among the individual supply chain partners (p. 287). GE’s online business network is indicative of the significance of using the internet for integrating supply chain management (Graham & Hardaker, 2000). GE maintains an online trading process network which facilitates the transaction of approximately US$1 billion in business among over 1,400 suppliers located around the world. GE’s online trading process is a significant improvement on the prior process which involves prolonged “labour intensive contract biding and award processes” (Graham & Hardaker, 2000, p. 287). By using the internet, businesses are able to reach out to new markets by providing reduced costs for entrants, less “complexity with more flexibility” and more importantly offer a far more efficient method for doing business (Graham & Hardaker, 2000, p. 287). Another development in international business behaviour necessitating integrating the supply chain via the internet and via tB2B is the tendency to outsource and the formation of tactical partnerships among industries. These kinds of developments obviate the need for information and ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Supply Chain Integration Essay Example | Topics and Well Written Essays - 3750 words”, n.d.)
Supply Chain Integration Essay Example | Topics and Well Written Essays - 3750 words. Retrieved from https://studentshare.org/management/1400034-supply-chain-integration
(Supply Chain Integration Essay Example | Topics and Well Written Essays - 3750 Words)
Supply Chain Integration Essay Example | Topics and Well Written Essays - 3750 Words. https://studentshare.org/management/1400034-supply-chain-integration.
“Supply Chain Integration Essay Example | Topics and Well Written Essays - 3750 Words”, n.d. https://studentshare.org/management/1400034-supply-chain-integration.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document
CHECK THESE SAMPLES - THEY ALSO FIT YOUR TOPIC
Supply Chain Integration in the Food Industry
The scope of this paper, after having read the assigned article, is to put myself in Lawrence Johnston's place, consider the impact of proper SCM on a large, retail grocery operation, and answer the following question: If I was the new CEO of the second largest supermarket chain, how could I use supply chain integration to be more efficient and profitable As outlined below, I would employ at three-fold strategy that focused upon responding to consumers, using operation and information systems more effectively, and building strategic relationships within the supply chain itself; all with the overall goal of increasing the efficiency and profitability of operations.
4 Pages(1000 words)Essay
Supply Chain Management
The final aim of a good supply chain management system is to reduce the required inventory. Nowadays, a lot of organisations tend to implement complex software systems in order to ensure that they achieve successful supply chain management. Supply chain management provides organizations with an opportunity to improve efficiency and reduce operational cost.
6 Pages(1500 words)Essay
Supply chain
Establishing standards for supply chain management (SCM) has some specifically-stated goals in the article; streamlining interaction throughout the elements of the supply chain, increasing transaction speed, reducing inventory as well as delays, all with
4 Pages(1000 words)Essay
Integration of Supply Chain Management
Both the internet and ERP are instrumental in enhancing the supply chain management strategy by focusing on ensuring the company’s products and services reach the store shelve in time for the current and prospect clients
3 Pages(750 words)Essay
Supply chain management
To bring the main actors in the market together, for example, suppliers, manufactures, and stores are put together to simplify the production of commodities being produced, and then circulated at the right time. The captions are going to capture the
1 Pages(250 words)Essay
Supply Chain Visual Representation
This enables a company to produce enough products to fulfill orders, as well as, keeping limited stock (Fawcett, 2007). Moreover, the company can provide retailers with products on time
2 Pages(500 words)Essay
Supply chain management of Coco-Mat case
company aims at social responsibility, sustainability, innovative use of natural materials, environmentally-friendly manufacturing techniques and employee and customer satisfaction. The company has also integrated Total Quality Management tools to help it achieve its aims and
6 Pages(1500 words)Essay
Supply Chain
This approach can be further defined as designing, execution, planning, monitoring and controlling of various supply chain activities. The major objective of international supply chain management is to create value, develop a competitive structure, leveraging logistics across the globe, bringing forth synchronization between demand and supply, and measuring the overall performance globally.
4 Pages(1000 words)Essay
Supply Chain Integration
There are outdoor heated swimming pools delimited by generous patios and lawns with outstanding plenty rooms for everyone to relax and enjoy. We provide draught and bottle beers and super entertainment most evenings with plethora of fun for all the clients. We give guests the
16 Pages(4000 words)Essay
Supply Chain Integration
In simple terms, information and technology provided both organizations with an equal platform to share data across their supply chains. In fact, through information and
3 Pages(750 words)Case Study
Let us find you another Essay on topic Supply Chain Integration for FREE!
Contact us:
+16312120006
Contact Us Now
FREE Mobile Apps:
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us