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IT allows the supply chain to respond to customers in real time, thus all improvements add up to higher sales and higher profits to the organization (Laudon and Laudon 2007).
Reducing and Controlling Costs
Gendron (2006) states, “Studies by the Aberdeen Group have shown that non-production materials like office supplies, computer equipment and maintenance, repair and operating provisions (MRO) can account for 30% to 60% of a company’s total expenditures yet they remain poorly controlled and costly to process at most organizations” (p. 91). Information technology permits the supply chain organization to control and process purchasing requisition for supplies efficiently and at reduced costs...
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Common topics in this essay:
- Complex Supply Chain Networks And Supply Chain Drivers
- Innovation, Collaboration, and the International Firm
- International Organization Development Organizational Development Thinking And Practices For Global Businesses Settings
- International Supply Chain: Wal-mart Case Study
- Managing the Global Supply Chain in an Uncertain World
- Meeting the Challenge of Today’s Global Supply Chain Imperatives.
- Operating in International Markets
- Supply Chain Collaboration between the Organization and Suppliers
- Global Scale
- Out of state tuition costs
- Emergence of the Early Modern State: Main Points
- Global System for Mobile Communications
- emergence of the internet
- Rising Costs In Supply Chain
- Supply Chain Management System
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