Explain in detail the framework of IT in Supply chain?
Answers
The topic of supply chain management (SCM) is complex to understand because it encompasses many different flows of activities, components, functions, and role-players. It is explained with the aid of a newly-developed framework of understanding that offers a graphical representation of the term.The coordination of order generation, Order taking, Offer fulfilment/distribution of products, services or information. Supply Chain Management is integrating management practices and information technology to optimize information and production flows among the processes and business partners within a supply chain.
Answer:
The topic of supply chain management (SCM) is complex to understand because it encompasses many different flows of activities, components, functions, and role-players. It is explained with the aid of a newly-developed framework of understanding that offers a graphical representation of the term.The coordination of order generation, Order taking, Offer fulfilment/distribution of products, services or information. Supply Chain Management is integrating management practices and information technology to optimize information and production flows among the processes and business partners within a supply chain.