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E -business, which refers to conducting business activities electronically over the internet, has had a significant impact on supply chain management.
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It's brought about several changes and improvements that have reshaped how supply chains are managed.
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Some key impacts of e -business on supply chain management include improved communication and collaboration between various supply chain partners, including suppliers, manufacturers, distributors, and retailers.
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This leads to better coordination, reduced delays, and improved visibility in the entire supply chain.
00:54
E -business solutions provide greater visibility into the movement of goods, inventory levels, and order status at different points along the supply chain.
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This transparency helps identify bottlenecks and efficiencies in areas for improvement.
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E -business allows for automated order processing and fulfillment, reducing manual errors and streamlining the process.
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This leads to quicker order turnaround times and improved customer satisfaction...