Data Interchange Improved Supply Chain Management - 847 Words

Case 3 QUESTION 1: How has EDI (Electronic Data Interchange) improved supply chain management (SCM)? Use Sears, Dell and Costco as examples. EDI is a system that some small firms use in order to share business documents with each other. Those business documents can be purchase orders, shipping bills, invoices, SKUs (product stocking numbers), and so on. Also, many large companies and industries have this system. EDI system is important because it can support the relationship among partners. By using EDI system, manufacturers can send information about customers and products to their suppliers directly and very fast. This process can be done in the supply chain online. This can reduce the time spent on sending information and ease the†¦show more content†¦When the inventory arrives such level, the buyer’s EDI system will create and send the PO idiomatically. And the vendor’s system will receive it within several minutes. But if they use paper-based process, it will take several days to finish all the steps. QUESTION 4: Describe the four elements when considering the e-commerce relationship of geographic and legal boundaries as they pertain to the environment of e-Commerce, in particular, the legal, ethical, and tax issues. When considering the e-commerce relationship of geographic and legal boundaries, there are four elements, power, effects, legitimacy, and notice. First of all, power is used to control over people and objects in a physical space. The government has this kind of power and must use it to manage the space. What is more, laws are used to judge the behaviors of people. For example, two business cannot have the same name in the same city. But if they are in different cities, that is not the problem. Then, legitimacy is the idea when the government puts the subject in-laws. This government can be formed by people and do things for people. Finally, if there are some changes in rules, people have to receive the notice of them. Also, when people cross the international borders, the rules have to be changed with no any excuse on ignorance. Therefore, the government wants to use laws to control over people and others and manage the e-commerce space. QUESTION 5: What are the advantages andShow MoreRelatedProcess Flow Supply Chain Management1528 Words   |  7 PagesRunning head: PROCESS FLOW: SUPPLY CHAIN MANAGEMENT PROCESS FLOW: SUPPLY CHAIN MANAGEMENT AND ELECTRONIC DATA INTERCHANGE (EDI) Clifford Butler Operation Management November 1, 2009 Table of Contents Abstract†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦3 Introduction†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..4 The Internet-based supply chain system for mass customized markets†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..4 The role of electronic data interchange (EDI) and the Internet in supply chain integration..†¦...5 WhyRead MoreThe Key Supply Chain Driver1322 Words   |  6 Pages1. Introduction Information is the base to which supply chain decisions are made (Chopra Meindl, 2010) making it imperative to performance (Forslund Jonsson, 2007). As the key supply chain driver (Tippins Sohi, 2004) it utilises other drivers to create an integrated, coordinated chain. Information alone does not guarantee success (Moberg, et al., 2002); reliability and validity are amongst the key fundamentals, defined in Table 1.1. Table 1.1 Fundamentals of information requirements (PetterRead MoreImpact Of The Internet On Supply Chain Management1781 Words   |  8 PagesLong MG 5065 (Introduction to Supply Chain Management) Impact of the Internet in Supply Chain Management Dr. Janice Spangenburg July 10, 2016â€Æ' Introduction The Internet has played a tremendous role when it comes to supply chain management. Supply chain management can be defined according to Miller (2013) as, â€Å"The planning as well as management of all activities that are involved in sourcing as well as procurement, conversion, plus including all logistics management activities.† Today the InternetRead MoreThe Impact of E-Commerce Developments on Supply Chain2567 Words   |  11 Pages(EC) on supply chain (SC) has caught considerable attention. Many companies in the supply chain engage themselves in the field of EC to pursue benefits. This report is authorized by the CEO and focuses on the improvements brought in by EC in SC. In the first section, it gives a brief overview of the supply chain management (SCM) and EC concepts; in the second section, it discusses the benefits offered by EC such as convenient information interchange; lower inventory level, less management time,Read MoreWal-Mart’s Strategy for Long-term Competitive Advantage Essay1723 Words   |  7 PagesAdvantage Today, firms are experiencing great success because of the impact that logistic managers all over the world have in the global market. There are components in business that makes logistic management a success at Walmart; its success can be attributed to its business strategy and supply chain management strategy. Walmart at a Glance The history of Walmart can be traced back to a man named Sam Walton who opened his first Walmart store in Rogers, Arkansas in 1962 (Bergdahl, 2004). According toRead MoreService Breadth And Reliability Of Intermodal Service1207 Words   |  5 Pagesservice breadth and reliability necessary to play an important part in domestic and global supply chains. Intermodal was once a slow trailers-on-rails alternative to inter-city trucking with less than dependable transit times typically available only between limited sets of origin and destination cities. The service was not integrated with other transportation and distribution components of the supply chain. Today, intermodal offers dependable, flexible and cost-effective linehaul, dray and transloadRead MoreThe Usage Of Supply Chain Management Essay1268 Words   |  6 PagesThe term Information Technology’s (IT) tools usage in Supply Chain Management (SCM) is defined as IT involved in improving SCM practice (Li, 2002b). Here in this study, usage of IT is especially defined as use of IT to enable activities within the organization, since this study aims to concentrate on the relationship between buyer and supplier. There are many researchers have expansively analyzed the impact of any particular types of IT tools in the SCM field (Walton Gupta, 1999; Lee Whang, 2001;Read MoreAssignment 2: Chain Management at Durham International Manufacturing Company (Dimco)1373 Words   |  6 PagesAssignment 2: Chain Management at Durham International Manufacturing Company (DIMCO) Case Study Determine whether integration efforts should start with suppliers, distribution, or both. Explain the rationale for your decision. What are the basic components of a supply chain? Most companies are utilizing a five supply chain components, in order to bring products to the marketplace. The five supply chain components are Suppliers, Manufacturers, Distributors, Retailers, and Consumers/Customers. 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Purchasing managers or buyers are typically responsible for determining which products their company will sell, sourcing product suppliers and vendors, and procuring products from vendors at prices and terms that meets profitability goals. Supply chain operations focus on demand planning, forecasting, and inventory