E-Business and Supply Chain Integration

As a result of e-business, many core supply chain concepts and principles have become much more effective. These concepts include information sharing, multi-party collaboration, design for supply chain management, postponement for mass customization, outsourcing and partnerships, and extended or joint performance measures. The Internet has allowed companies to come up with highly innovative solutions that accelerated the widespread adoption of these core supply chain principles. These advancements have accelerated the movement towards supply chain integration; companies that leverage e-business to redefine supply chain integration will achieve significant increases in efficiency and gain competitive edge.