Supply chain management is the combination of the process and information technology that integrates the suppliers of raw materials or components, the manufacturers or assemblers of the finished products, and distributors of the products or services into one cohesive process to include demand forecasting, materials requisition, order processing, order fulfillment, transportation services, receiving, invoicing, and payment processing.
B2B or Business to Business refers to electronic trade or partnering between organizations. The volumes of B2B transaction is estimated to be counted about 90% of e commerce transaction, while B2C or business to consumer takes about 10% of e commerce activity. Many B2B exchanges offer functionality for managing procurement of row materials and coordinating with suppliers. Spectating of B2B market had driven the stock prices of B2B software providers (such Ariba) to sky-high in 2000. Public B2B exchanges have not lived up to their original ambitions. Today, many companies use both public B2B exchanges and their private supply chain management software for procurement.
Advantages and Disadvantages of C2B
C2b Advantages 1. Could be described in terms of paths, nodes, properties 2. could be graphic, examples could be generated. 3. One single place for all Magnolia configurable elements. 4. Could still be linked to java doc.
The minimum level of current assets that a firm needs to continue operation. Because some level is always maintained, they are called permanent current assets. OR
The Boston Consulting Group Approach "A portfolio-planning method that evaluates a company's strategic business units in terms of their market growth rate and relative market share. SBUs are classified as stars, cash cows, question marks, or dogs". Using the Boston Consulting Group (BCG) approach, a company classifies all its SBUs according to the growth-share matrix.
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