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Essay / Research Paper Abstract
This 3 page paper defines and explores these concepts. Positive and negative aspects of the extended enterprise are relayed. Bibliography lists 3 sources.
Page Count:
3 pages (~225 words per page)
File: RT13_SA812scm.rtf
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Unformatted sample text from the term paper:
goal of any supply chain system that is effective is to reduce inventory, if in fact the product is something tangible ("Supply chain management," 2008). An example is print on
demand where inventory is not kept at all and books are printed when they are purchased. In respect to the supply chain, there are three primary flows in this
area ("Supply chain management," 2008). There is the product flow, information flow and finance flow ("Supply chain management," 2008). The product flow for example includes the movement of goods
between a supplier to a customer where information will flow in terms of updating orders and updating delivery ("Supply chain management," 2008). Financial flows have to do with payment schedules,
credit terms and things of that nature ("Supply chain management," 2008). One can see that supply chain management is similar to an assembly line way of thinking where each part
of the chain performs a function and each step is contingent on the previous one. According to a student, supply chains have been described as extended enterprises. One
source relays the following information: "Creating an extended enterprise transforms a supply chain from a cost-control function to a catalyst for competitive advantage. Its many benefits deliver a powerful cumulative
impact---speeding operations and improving customer satisfaction and loyalty" ("Cisco - IBS - Business Solutions: Supply Chain Management," 2008). The concept of the extended enterprise means that a business is more
than its employees and its executives ("The Extended Enterprise," 2008). Rather, it is made up of business partners, suppliers, and customers ("The Extended Enterprise," 2008). Here, the idea is that
there are myriad stakeholders in the mix and that they all matter. The perception of suppliers and customers are for example a part of the enterprise, which is something that
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