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Week 3 (2) lecture
1.
2. SCM refers to managing the advancement of
goods or products of the business company
from the supplier end to the customer end
3. to reduce the time between request and
response, pace, efficiency and accountability
4. Advancement in IT, e-business capabilities can
help achieving these objectives
e-SCM helps to support the communication &
transactions among various business processes
of organizations and its suppliers, partners &
extended organizations
5. SCM activities involve:
Demand forecasting
Procurement of raw material
Inventory management
Warehousing of the products
Distribution of the product and
Everything that is related to selling the product
material
6. E-businesses
Stressed on new information products and networks
Reduced the overall costs in internal
communications and management, transactions and
marketing
Helped in better utilization of the concepts of the
Internet to modernize the supply chains in e-
business
Better managed inventory, faster shipping of the
ordered material, reduced warehousing costs etc