Define and explain: supply chain management systems, supply chain simplification, and collaborative commerce, and the relationship between these concepts.

by Kurt Grashaw

The supply chain involves several companies, and their associated relationships, involved in obtaining the resources needed to provide the ultimate product or service to the consumer. "The supply chain management (SCM) refers to a wide variety of activities that firms and industries use to coordinate the key players in their procurement process." (Laudon & Traver, 2009. p. 779) There have been some major developments in SMC that evolved prior to the Internet, and have since had an enormous impact on the process of business-to-business (B2B) e-commerce. These developments include the supply chain management system, supply chain simplification and collaborative commerce.This article Defining and explaining supply chain management systems, supply chain simplification, and collaborative commerce, and the relationship between these concepts.

8 pages, Kindle Edition

First published November 12, 2011