A supply chain consists of all parties involved, directly or indirectly, in obta

Question

A supply chain consists of all parties involved, directly or indirectly, in obtaining raw materials or a product. To automate and enable sophisticated decision making in these critical areas, companies are turning to systems that provide demand forecasting, inventory control, and information flows between suppliers and customers. Supply chain management (SCM) is the management of information flows between and among activities in a supply chain to maximize total supply chain effectiveness and corporate profitability. Research on the web an answer to the following question. The next wave in supply chain management (SCM) will be home-based supply chain fulfillment. What SCM technologies will facilitate this?

Explanation / Answer

Businesses face lot of challenges in supply chain fulfillment. Supply Chain Management (SCM) is the management of information flows in a supply chain to maximize the effectiveness and corporate profitability. Supply Chain fulfillment starts from the time the order is placed till the order has been delivered to obtain customer satisfaction. Home-based supply chain fulfillment is managing of this extensive information systems from home. The SCM technologies that facilitate this home-based supply chain fulfillment are:

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