Order fulfillment and Logistic Process
Order fulfillment and Logistic Process is an integral part of supply chain. To ensure it to b success, you have to: Making sure the customer will pay: Depending on payment material and prior arrangement, the validity of each payment must be determined. In B2B, the company’s financial institution may do this. In B2C, the customer usually […]
4 Key Terms in E-Business Explained
Supply Chain Integration is a close alignment and coordination within a supply chain often with the use of shared management information system. Supply chain refers to all inputs required to produce a product and fulfill a purchase. It is an effective and efficient way to maximize customer service index. B integrating processes of different links […]
Difference between Disintermediation, Re-intermediation and Counter mediation
This post details difference between disintermediation, re-intermediation and counter mediation. The short summary helps to provide a clear understanding. Disintermediation means to remove intermediation from the supply chain. With the advent of internet based shopping in the 1990’s the term became the buzzword signifying the elimination of middlemen as a result of direct to consumer […]
Humans & Machines Ethics Canvas
Humans & Machines Ethics Canvas’s main goal is to make it as a guide for critical thinking throughout the ethical decision-making process. It acts as a value system and an ethics framework to assess the influence of machine learning and software development while developing a system for individuals , teams, and organisations . It helps the […]
Knowledge Management Models
“Knowledge is experience. Everything else is information.” Einstein Knowledge Management (KM) is a process that helps organisations identify, select, organise, disseminate and transfer important information and expertise that are part of the organisations memory. The following theoretical Knowledge Management models have been developed in order to simplify complex situations which can be more readily grasped […]