IT and the Supply Chain

Notes

Supply Chain problems and how e-business can help

Problems of Supply Change Management How e-business can help
Keeping manufacture & distribution costs low

Less paperwork by EDI of orders, invoices & delivery notes.

Reduced stockholding through shared information

Forecasting Demand Sharing knowledge of demand with suppliers using Efficient Customer Response (ECR)
Failure to deliver on time Supplier becomes responsible via vendor managed inventory
Failure to deliver correct product Less human error - less humans involved!
High Inventory Costs Less inventory due to better understanding of demand 
Product development speed Online marketplaces gives more info about suppliers and components
Notes