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Questions and Answers
How does e-business enable real-time decision making in supply chain management?
How does e-business enable real-time decision making in supply chain management?
What is the key aspect of e-business related to the management of the flow of goods and services?
What is the key aspect of e-business related to the management of the flow of goods and services?
What type of relationships involve close ties between a company and its suppliers, often based on long-term contracts?
What type of relationships involve close ties between a company and its suppliers, often based on long-term contracts?
How does e-procurement contribute to making the procurement process more efficient?
How does e-procurement contribute to making the procurement process more efficient?
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Which technology is NOT used to make real-time decisions in autonomic supply chain systems?
Which technology is NOT used to make real-time decisions in autonomic supply chain systems?
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What does e-Supply Chain Management (e-SCM) enhance by using internet technology?
What does e-Supply Chain Management (e-SCM) enhance by using internet technology?
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What is the primary focus of research in e-SCM since the late 1990s?
What is the primary focus of research in e-SCM since the late 1990s?
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What is the primary function of e-marketplaces in the context of supply chain management?
What is the primary function of e-marketplaces in the context of supply chain management?
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How do e-logistics systems impact logistics networks in companies?
How do e-logistics systems impact logistics networks in companies?
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What role does e-business play in integrating operations and marketing in the online grocery industry?
What role does e-business play in integrating operations and marketing in the online grocery industry?
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How do e-services support businesses in reducing costs and improving efficiency?
How do e-services support businesses in reducing costs and improving efficiency?
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What benefit has e-business brought to healthcare providers regarding supplier relationships?
What benefit has e-business brought to healthcare providers regarding supplier relationships?
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Study Notes
E-Business and Supply Chain Management
E-business is the use of the internet and electronic technology to conduct business, including buying, selling, and managing transactions. One of the key aspects of e-business is supply chain management (SCM), which involves the management of the flow of goods and services from the raw materials stage to the end customer.
Real-Time Decision Making
E-business has enabled real-time decision making in SCM through the implementation of autonomic supply chain systems. These systems use technology such as artificial intelligence and machine learning to make decisions in real-time, improving efficiency and reducing human error.
E-Procurement and Alliances
E-procurement is the use of electronic systems for purchasing goods and services. E-procurement systems allow companies to automate their procurement process, making it more efficient and easier to manage. On the other hand, supplier alliances involve close relationships between a company and its suppliers, often based on long-term contracts. These alliances can be managed and strengthened through e-business tools like e-procurement systems.
e-Supply Chain Management
e-Supply Chain Management (e-SCM) is the use of internet technology to enhance traditional SCM. e-SCM allows for real-time information sharing between trading partners, enabling collaboration and improving decision making. Research in e-SCM has evolved significantly since the late 1990s, with a focus on understanding the impact of e-business on supply chain management.
E-Marketplaces and E-Logistics
E-marketplaces are online platforms where businesses can buy and sell goods and services. They enable companies to source materials more efficiently and at a lower cost. E-logistics refers to the use of e-business tools to manage the physical flow of goods, from manufacturing to distribution. E-logistics systems can help companies optimize their logistics networks, reducing costs and improving customer service.
Integration of Operations and Marketing
In the online grocery industry, e-business has been used to integrate operations and marketing, creating a seamless flow of information between these two functions. This integration allows companies to respond more effectively to customer demand and optimize their supply chain.
E-Services and Lean Production
E-services are online services that businesses can use to support their operations. They can include everything from customer service to supply chain management tools. E-services can help companies reduce costs and improve efficiency by automating processes and reducing the need for manual intervention.
Impact of E-Business on Customs and Trade
E-business has also had an impact on customs and trade. For example, e-business has enabled businesses to sell food products directly to consumers, circumventing traditional distribution channels and customs regulations. This has led to changes in the way that customs and trade are managed, with a focus on improving the efficiency of these processes.
E-Supply Chain Management in Healthcare
In the healthcare sector, e-business has been used to manage dyadic buyer-supplier relationships. This has led to improved communication and collaboration between healthcare providers and their suppliers, ultimately benefiting patients.
Future Directions
Research on e-business and SCM is ongoing, with a focus on understanding the implications of e-business on supply chain management and identifying new directions for future research. This includes exploring the impact of e-business on different aspects of the supply chain, such as demand forecasting and inventory management.
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Description
Test your knowledge on e-business and supply chain management by taking this quiz. Explore topics such as real-time decision making, e-procurement, e-SCM, and the impact of e-business on customs and trade.