Preview

Virtual Supply Chain

Powerful Essays
Open Document
Open Document
3182 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Virtual Supply Chain
VIRTUAL SUPPLY CHAIN Amazon.com

EXECUTIVE SUMMARY

This report will show the meaning of e-commerce and e-business and how they intertwined with each other as exchange is done. It will also identify the different types of e-commerce especially business- to- business and business-to-consumers. It will also aim to identify the policy used by Amazon.com in managing their virtual supply chain ensuring it is relevant and support the aim of the business.

It will also aim to identify the processes used by Amazon.com to enable customers’ satisfaction and to remain profitable. As the amount of trade conducted electronically has grown extraordinary, it is important that the supply, transportation and replenishing of stocks is coordinated timely and most cost effective.

Transparency brings accountability and responsibility. This openness in the supply-chain allows companies to see how their suppliers are performing, from their sourcing of raw materials to their delivery to the retail outlet. Achieving greater transparency in the supply chain requires the development of comprehensive e-Logistics tools, which provide all players with open communication and shared information in every stage of the order-to-delivery process.

Supply-chain transparency in ordering, inventory and transportation is a prerequisite for optimization and is critical for making business decisions. In this report, the experiences of a virtual supply-chain (VSC) company, Amazon.com are discussed with reference to the strategies, methods and technologies of its supply-chain. The supply-chain aims for improved customer satisfaction and hence for overall competitiveness in a global market.

Contents

1. Introduction 4 2. Application of Virtual Supply Chain 5 2.1 Virtual Supply Chain Policy 5 3. Strengths 6 4. Opportunities 7 5. Weakness 7 6.

You May Also Find These Documents Helpful

  • Powerful Essays

    The history of ecommerce can be traced back to the invention of the very old notion of “sell and buy” computers, electricity, cables, modems as well as the internet. The first e-commerce transactions was started in March, 4, 1983 by Alex Randall, (YouTube, 2008) but people started using ecommerce in 1991, when the internet was opened for commercial use and since then, there have been thousands of businesses which put up their businesses at web sites. The term ecommerce was used before to refer to the process of executing commercial transactions electronically thus with the assistance of the leading technologies such as Electronic Funds Transfer (EFT) and Electronic Data Interchange (EDI), through their help, they gave users opportunities to exchange business information as well as ability to do business transaction electronically. These technologies have been used even before, in the 1970s, these technologies’ ability was used by business companies as well as organizations to send electronically the commercial documentation.…

    • 1567 Words
    • 4 Pages
    Powerful Essays
  • Good Essays

    Module 5 Problems Mrnak

    • 742 Words
    • 2 Pages

    Simchi-Levi, D., Kaminsky, P., & Simchi-Levi, E. (2008). Designing and Managing the Supply Chain Concepts, Strategies, and Case Studies; 3rd ed. Boston: McGraw-Hill Irwin.…

    • 742 Words
    • 2 Pages
    Good Essays
  • Powerful Essays

    Amazon.com, from a strategic approach, is dominating the world-wide-web. They have become the world leader in online sales of books, music, videos, movies and other products and services. Amazon knew that the Internet could be used as a distribution channel, thus reducing their supply chain relations. By making these strategic advances, Amazon was able to achieve and sustain their competitive advantage.…

    • 1370 Words
    • 6 Pages
    Powerful Essays
  • Satisfactory Essays

    begins with a review of the basic components of purchasing followed by a discussion of the role…

    • 2692 Words
    • 16 Pages
    Satisfactory Essays
  • Best Essays

    Salvatore (2013) defines electronic commerce or e-commerce stating, “E-commerce refers to the production, advertising, sale, and distribution of products and services from business to business and from business to consumer through the internet” (p. 150). These activities can take place in many environments between businesses and consumers. E-commerce has changed the way goods and services are exchanged and have given light to businesses and consumers to exist on a global scale without an established brand. With e-commerce defined, let us look at its origin.…

    • 2336 Words
    • 7 Pages
    Best Essays
  • Powerful Essays

    Global Logistics & Supply Chain Strategies (2002, September 2002). Special Issue: E-Business Best Practices Companies Are Paving the Road To Supply-Chain Event Management. Retrieved 8 October 2005, http://www.glscs.com/archives/9.02.SCEM.htm?adcode=65…

    • 2171 Words
    • 9 Pages
    Powerful Essays
  • Good Essays

    E-commerce refers to the production, advertising, sale, and distribution of products and services from business to business and from business to consumers through the Internet. The biggest lures of e-commerce of consumers are the convenience of having round-the-clock access to the virtual store and the ability to engage in comparative shopping at minimal cost and effort. Through e0commerce, sellers can sharply reduce their cost of executing sales and procuring inputs, reformulate supply chains and logistics and redefine customer relationship management.…

    • 310 Words
    • 2 Pages
    Good Essays
  • Best Essays

    The AMR Research institute recently published its list of the companies boasting the best Supply Chain Management procedures (see Appendix 01). Two of the top 25 players represented a radical departure from the traditional Supply Chains. Apple tops the list with a supply chain which is as much a revolution for traditional supply chains as it is a negation of almost everything the supply chains…

    • 3814 Words
    • 16 Pages
    Best Essays
  • Best Essays

    Executive Summary of Amazon

    • 3297 Words
    • 14 Pages

    11. Zorayda Ruth Adam. (2003). e-Commerce and e-Business. Available: http://www.apdip.net/publications/iespprimers/eprimer-ecom.pdf. Last accessed 29th Jan 2011.…

    • 3297 Words
    • 14 Pages
    Best Essays
  • Powerful Essays

    d. In general, different parts of the supply chain have objectives that are not aligned with…

    • 12473 Words
    • 50 Pages
    Powerful Essays
  • Good Essays

    Wheatley, Malcolm. "Amazon.Com Sees Supply-Chain as Crucial to Its Future." Supply Chain Brain. 1 Apr. 2008 .…

    • 5704 Words
    • 23 Pages
    Good Essays
  • Good Essays

    Amazon Business Strategy 1

    • 1193 Words
    • 5 Pages

    Successful business partnerships are the driving force behind competitive online retailers. Innovated strategies, business techniques, and customer relations management (CRM) will further enhance Amazon’s customer satisfaction and loyalty. Amazon uses e-business, e-commerce, and data management to gain competitive advantages against other online retailers. “No company exemplifies a new business era of the internet more than Amazon.com. What started out as a book company emerged as a serious competitor to dozens of industries” (Pearlson & Saunders, 2005, p. 189). Amazon’s pursuit to become the e-commerce leader world-wide will require continuous innovated strategies, business techniques, and CRM.…

    • 1193 Words
    • 5 Pages
    Good Essays
  • Good Essays

    Although father’s body was removed from the apartment the night he died, it never felt like he was completely gone until last night. I didn’t even try to sleep. I knew it was nearly impossible. My mind wouldn’t allow me to rest. It was full of teasing thoughts. Imaginary ones that tricked me into believing there was still a future for me to thoughts that laid out the bleak reality. I couldn’t turn them off. It was a miserable night of seesaw as my outlook seemed as imbalanced as the childish beam itself.…

    • 1541 Words
    • 7 Pages
    Good Essays
  • Powerful Essays

    ; L'; ''

    • 5252 Words
    • 22 Pages

    The reason for many firms that are opting for supply chain management (SCM) as a top strategic objective and major e-business application development initiative is because SCM enables order processing, just-in-time inventory management, and timely order fulfillment. Fundamentally, supply chain management helps any firm get the right products to the right place at the right time, in the…

    • 5252 Words
    • 22 Pages
    Powerful Essays
  • Satisfactory Essays

    Cilt

    • 282 Words
    • 2 Pages

    Today, Supply Chain Management as a discipline has changed the way logistics and supply is viewed. The competitive nature of business has neccesitated the modelling of Management Information Systems that can be used to provide information that will help fulfill customer demand while at the same time ensuring costs are kept to a minimum. “To stay competitive, enlightened companies have strived to achieve greater coordination and collaboration among supply chain partners in an approach called “supply chain integration.” (Lee & Whang, 2001)…

    • 282 Words
    • 2 Pages
    Satisfactory Essays