The Supply Chain Concept Paper

Advances in information technology have brought umteen advantages to businesses today. For example, the cyberspace has enable organizations to expand its markets, reduce be, and most important, increase profits. As a result of the Internet technology, a com kissitive world-wide market exists that presents many challenges for the business owner. One challenge is the instruction of a business?s issue compass. Globalization, price deflation, put up chemical substance kitchen stove com duckyitiveness, and customer service are well make out trends in the add together scope industry. Dynamic markets, changing consumer demands, lower, cost, and devolve margins are reasons that organizations should effectively manage or revamp their grant chain processes to remain competitive (about.com, 2007). This paper compares three pet stores, Lucky Dog, Muttropolis, and Petcock, and how it manages its supply chain through the use of the Internet. A supply chain is a link to ev ery face involved with the delivery of products or services to a customer. The party of all components of a supply chain ensures that products are received by the consumer at the right place, time, quantity, and acceptable price. The supply chain of an organization should be viewed as an extensive, highly networked nurture chain driven by customer demand. The efficient management of the supply chain involves overseeing relationships with suppliers and customers, controlling inventory, and forecasting demand in adjunct to obtaining feedback regarding every link of the chain (Bearing Point, 2007). Effectively managing an integrated take to be chain can improve product and service woods that will in turn increase company gross revenue (Bearing Point, 2007). Organizations should actively pursue cooperation and long-term relationships with suppliers and customers that will allow a network among all members of the supply chain. These relationships will enable organizati ons to melt pace with competition in addit! ion to reducing costs and obtaining the greatest value from its suppliers. Business functions, processes, If you want to get a full essay, order it on our website: OrderEssay.net

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