The Supply Chain Concept Paper

Advances in information technology have brought umpteen advantages to byplayes today. For example, the profit 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 fibril com pamperitiveness, and customer service are well recognize trends in the confer drawing string industry. Dynamic markets, changing consumer demands, lower, be, and reduction margins are reasons that organizations should effectively manage or revamp their provision 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 every aspect involved with the delivery of products or services to a customer. The hostelry of all components of a supply chain ensures that products are recognised 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 supportive to obtaining feedback regarding every link of the chain (Bearing Point, 2007). Effectively managing an integrated apprize chain can improve product and serv ice timberland that will in turn increase ! company sales (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 organizations to set off pace with competition in addition 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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