Chapter 2 The Internet Value chain
This chapter covers the following objectives:
* Distinguish between the following concepts: Supply chain, value chain and virtual value chain
* Explain lean processes and greening the supply chain
* List the business processes that are necessary to manage the supply chain
* Identify the desired outcomes of an efficiently functioning supply chain
* Identify the core marketing processes
* Discuss the concept that all goods are services
* Define EDI, ERP and web services and explain their roles in integrating the value chain
* Explain the nature of cloud computing and its relevance to supply chain management
* Discuss the potential benefits and negative consequences of RFID technology in supply chains