BUS 252 Chapter Notes - Chapter 7: Uptodate, Outsourcing, Digital Economy
Document Summary
Information flow resulting from the development of computer-based logistics are significant in terms of amount and importance to the success of the business. As a result, supply-chain management (scm) has become increasingly important component of corporate strategy over the past several years. Scm is also recognized as an essential aspect of ebusiness implementation. Customer making web-based orders to expect vary fast service, which means that the supply chain must be particularly efficient. The supply chain is the set of processes that encompasses everything from purchase of raw materials or resources through to final delivery of a product or service to the end consumer. Supply chain includes sourcing, transportation, manufacturing, distributing, wholesale, retailing, and final delivery of goods. (the chain is not a linear process). Scm involves the oversight of materials, information, and finances as they move in a coordinating and integrating these flows both within and among companies.
