Chat with AIExam 12: B2b E-Commerce: Supply Chain Management and Collaborative Commerce
Define and explain supply chain management systems, supply chain simplification, and collaborative commerce, and the relationship between these concepts.
(35) 
VerifiedSupply chain management systems coordinate and link the activities of suppliers, shippers, and order entry systems to automate the order entry process from start to finish including the purchase, production, and moving of a product from a supplier to a purchasing firm.
Supply chain simplification refers to the reduction of the size of a firm's supply chain. Firms today generally prefer to work closely with a strategic group of suppliers in order to reduce both product costs and administrative costs. Instead of open bidding for orders, large manufacturers have chosen to work with strategic partner supply firms under long-term contracts that guarantee the supplier business and also establish quality, cost, and timing goals. These strategic partnership programs are essential for just-in-time production models. They often involve joint product development and design, integration of computer systems, and tight coupling of the production processes of two or more companies.
Collaborative commerce is a direct extension of supply chain management systems and supply chain simplification. The goal is for organizations to collaboratively design, develop, build, and manage products throughout their life cycles. The focus has changed from the simplification of transactions to the relationships between the supply chain participants. Collaborative commerce fosters the sharing of sensitive internal information between suppliers and purchasers. A rich communications environment is cultivated so that inter-firm sharing of designs, production plans, inventory levels, and delivery schedules can take place. Strategic partners in a supply chain are connected for much broader purposes, including potentially the development of shared products.
Lean production is an extension of just-in-time production methods.
(39) VerifiedTrue
The Seam is an example of an ________.
(46) VerifiedB
An ________ primarily serves businesses that buy indirect goods on a spot purchasing basis.
(37) Define and discuss the terms, B2B commerce, B2B e-commerce, and supply chains, in the context of the history and significance of B2B e-commerce.
(31) All of the following are examples of direct goods in the auto industry except:
(30) Cisco estimates that by 2016, mobile traffic will represent ________% of all business Internet traffic.
(35) ________ production is a set of production methods that focuses on the elimination of waste throughout the customer value chain.
(35) All of the following are important trends in B2B e-commerce in 2015-2016, except:
(29) Which of the following is a method of inventory cost management that seeks to eliminate excess inventory?
(38) All of the following are potential benefits of B2B e-commerce except:
(43) Industrial consortia were the first form of Internet-based B2B commerce.
(29) Operating on a global scale is one goal of collaborative commerce.
(37) Highly centralized supply chains provide lower short-term costs, but higher, longer-term risk protection.
(29) The liquidity of a market is measured by all of the following except:
(39) All of the following are forms of collaboration among businesses except:
(29) Define the procurement process. What are the seven basic steps in the procurement process?
(31) 
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