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About SCM
Hewlett-Packard and Eastman Chemical saw benefits from implementing supply chain management (SCM) systems. [1] HP linked together all companies in its computer monitor supply chain, cutting inventory costs and ensuring on-time deliveries. [2] Eastman Chemical invested $10 million in an e-procurement system and extranet, allowing electronic ordering and exchanges with suppliers. Smaller suppliers fear the costs of SCM systems and technical jargon, feeling threatened. However, companies of any size can reduce costs and boost revenues through online supply chain connections, as shown by HP, Eastman Chemical, and Grainger's $5 billion annual business dealing with 14,000 online suppliers.
Detailed Information
| Author: | ['Ghea Reformita'] |
|---|---|
| Publication Year: | 2019 |
| Pages: | 9 |
| Language: | English |
| Format: | |
| Price: | FREE |
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