Supply Chain Management in the Cloud- Keeping Complexity at Bay

Supply Chain Management in the Cloud- Keeping Complexity at Bay Supply Chain Management is a set of coordinated activities to efficiently and effectively coordinate between the suppliers, manufacturers, warehouses, transporters, retailers, and customers so... More

Supply Chain Management in the Cloud- Keeping Complexity at Bay Supply Chain Management is a set of coordinated activities to efficiently and effectively coordinate between the suppliers, manufacturers, warehouses, transporters, retailers, and customers so that the right product or service is provided to the customer at the right time, right place and at the right cost, in order to minimize system-wide costs. Before the advent of internet, manufacturers would predict the demand from customers and make their own supply chain to run smoothly. But advancement in technology has improved communication standards, now companies can connect their supply chain with the supply chains of their suppliers and customers in one network that helps reduce costs and provides more opportunities for everyone involved. This was the reason for the B2B explosion; the idea that everyone, a company does business with could be connected together into one big happy family. Increase in revenue depends on the Less