Selecting Internal and External Supply Chain Functionality

Topics:
Inventory Management,
Strategic Management Tools,
Supplier Evaluation
Tags:
Emerald,
Enterprise Software,
Software,
Supply Chain,
Supply Chain Management (SCM)
Source:
Emerald

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Overview: Anecdotal evidence suggests that the use of the external Supply Chain (SC) functionality offered by business-to-business Electronic MarketPlaces (EMPs) results in improved efficiencies and reduced costs in supply chains. Anecdotal evidence also suggests, however, that most of the benefits offered by EMPs could also be achieved by an increase in the firm's internal SC capabilities. The firm's decision is thus one of seeking SC efficiencies through internal capabilities (e.g. Enterprise Resource Planning (ERP) systems), through participation in EMPs, or through a combination of both. This paper conceptually examines the choice of using ERP systems versus EMPs within the context of value creation and competitiveness in an SC partnership.

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Format: PDF | Size: 345KB | Date: Sep 2005 | Pages: 17

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