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THE IMPACT OF E-BUSINESS ON SUPPLY CHAIN OPERATIONS:
While improved supply chain management principles combined with new informa-tion technologies (e-business) may not have been given much macroeconomic attention in the past, its effective implementation can help firms reduce costs, increase revenues, boost efficiencies, and expand market opportunities...
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The evidence that these improve-ments have resulted in a reduced bullwhip effect (progressive increase in inventories looking backward through supply chain [William J., 2005]), lower inventory levels, re-duced logistical costs, and streamlined procurement processes has been found. These improvements, in turn, have helped to lower inflation, reduce economic volatility, strengthen productivity growth, and improve standards of living...
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