eBusiness initiatives,
such as Portal Systems, alleviate information bottlenecks between "value
chain" partners by minimizing the cumbersome administrative
tasks associated with inter-business process communication.
The
Internet
syndicates information out to an enterprise's supply and demand
chain partners (and their associated IT systems) accelerating
the chain's
data
velocity. This shortens time-to-market, maximizes sourcing
efforts, and enables key personnel to focus on their specific
responsibilities.
Supply Management
- Designers collaborate directly with prospective
vendors, management and operations sharing documents, CAD and
3-D modeling data in real-time under version and release control;
- Procurement and purchasing agents generate Request for Quotes
(RFQ) online, identify a [much larger] number of prospective
suppliers and streamline sourcing efforts via real-time bidding;
- Shipping departments communicate online to freight forwarding
and consolidators with Advance Shipping Notices (ASN), bill
of lading and material tracking to provide precise
location of both warehoused and in transit materials;
- Operations share production schedules directly with
external and overseas manufacturing facilities in real time,
ensuring demand/supply schedule coordination, thereby minimizing "bullwhip" effects.
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