Summary what ive learned this week:-
Supply Chain Management
Topic covered:
- Creating value via the supply chain
- Benefits of using web technologies in supply chain management
- Materials tracking technologies
- Ultimate consumer orientation
- Building and maintaining trust
- Supply Chain
- Supply Chain Mangement
- Supply Alliances
Key factors in successful , Supply Chain Management
- Clear communications
- Quick responses to these communications
- Ability to reduce costs and increase value of the product or service to the customer
Materials Tracking Technologies:-
- Optical Scanners and barcodes
- Integration of barcodes and EDI
- RFID (radio frequency identification device
Building and maintaining Trust:-
- Trust is a major issue in forming supply chain alliances
- eCommerce technologies provide excellent ways to communicate and share information
- Offer new avenues to build trust
- Vendors can stay in contact with customers cheaply and more easily
- Instant access to comprehensive information helps to create trust
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