Participation Questions Essay Example | Topics and Well Written Essays - 500 words

Participation Questions - hear ExampleIn order to perform E-business a company essential educate themselves on the divergent business regulations that affect their particular industry. Due to the fact that e-commerce takes places across national boundaries a company must be aware of the exchange rate conversions in order to establish a pricing policing that considers the relation back value of a currency.A business enterprise that incorporates a lot of the characteristics you mention of an efficient deliver chain is Walt-Mart. The company achieves economies of scale by purchasing in bulk. They also have superior logistics and statistical distribution system. A study performed by John Mentzer on the supply chain management practices of hundreds of companies revealed that companies can net a competitive advantage by leveraging the management of their supply chains (Mentzer, 2007). I bid your idea of designing products through the use of independent modules. This approach is simp le and follows a sound fruit methodology similar to lean manufacturing. Your answer to the postponement strategy question was very insightful. Eliminating customization in the count end of the cycle can help a company achieve inventory savings.Mentzer, J. (2007). Achieving Competitive emolument Through Supply Chain Management. IndustryWeek. Retrieved September 4, 2009 from http//www.industryweek.com/articles/achieving_competitive_advantage_through_supply_chain_management_13355.aspxYour recommendation of partnering with technologically savvy suppliers is outstanding. The internet, wireless technology, and advances in training technology can enhance the functionality of the supplier chain. Wireless applications such as radio frequency recognition tags have gain a lot of popularity among supplier chain managers. In 2007 the RFID market was valued at $4.9 billion (Das & Harrop, 2008). As you mentioned flexibility is also an important characteristic in a