The entire process of procuring a product and delivering it to the customer on time is called supply chain management. This involves coordinating with the customer, scheduling the time of delivery after getting it verified by the customer, production of the product or service, and delivering the product or service to the customer. E-Commerce is a business that is completely dependent on the process of supply chain management. Customers order for products and services from an E-commerce site which is then procured manufactured and delivered to the customers within the expected delivery date. The entire process is done online therefore it can be said that the internet plays an important role in the integration of SCM.
In this article, we are going to highlight the role of supply chain management along with the strategies for E-commerce.
Role Of Supply Chain Management In E-Commerce
- Supply chain management helps E-commerce business to track their business across the network and provides complete transparency.
- Supply chain management plays a vital role in connecting the customers to the business through websites so that the customers can communicate directly with the organizations. Organizations form company websites to stay connected with the customers and collect feedback regularly.
- Supply Chain Management provides a global platform for organizations for trading. It plays an active role in the import and export of products and raw materials.
- Supply chain management is also helping to promote virtual business, where organizations can list their products on online portals. Supply chain management does all that is required to send the products to their customers.
- Supply chain management software comes useful to coordinate and monitor the movement of products and services to ensure they are delivered to customers on time. It also helps to execute the activities that are required to satisfy the customer’s requirements.
- Supply chain management helps to reduce company costs by removing retail units, and excess staff since the process is mostly done online.
- E-Commerce businesses aim at customer satisfaction. This is where supply chain management plays a vital role. It helps to keep track of the requirements of customers and ensures the products and services are delivered to customers on time.
- E-Commerce Supply Chain further helps companies maintain proper inventory by monitoring the time taken to deliver a product to ensure customers are satisfied with the service.
Strategies Of Supply Chain Management For E-Commerce
- The main focus of any E-commerce Business is to deliver a product on time to its customers. Therefore SCM has developed a strategy to strengthen the inbound supply chain by accessing the currently existing problems and finding solutions to them, identifying the vendors who are responsible for the delay, Implementing compliance programs for vendors, and ensuring faster and cheaper ways of conducting final checks on supply chains.
- Supply chain management has further developed strategies that help in lowering the cost and time for delivery.
- Since organizations can monitor the inflow and outflow of products on regular basis through the SCM software, the normal capacity of a warehouse can be utilized to its fullest by tracking the products being delivered and are yet to be sent to customers.
- It further has developed strategies that have reduced manual labor. All the documentation can be done and stored in the machines. This helps reduce the risk of human errors and also adds to the efficiency of the organizations using supply chain management because the processing time considerably reduces. Students who are finding it difficult to understand how supply chain management increases the market efficiency can take marketing assignment help from professionals. They guide students and help them gain more clarity.
- Supply Chain Management further helps to reduce labor costs by making the most of their skills. It has also developed strategies to streamline the process of taking orders. As a result, the number of accepting orders in a day has increased leading to more revenue.
- It has also helped in the growth and development of E-Commerce by making the most of the existing warehouses reducing the outbound expenditures by using logistics of the third party.
Conclusion
Therefore it can be said that Supply chain management has helped to increase the E-Commerce Business by utilizing strategies that have helped the business houses streamline their businesses in a much more systematic way. Online essay writer help students in writing their assignments on supply chain management and also help them in gaining clarity on the role of supply chain management in E-Commerce. To summarize we can list the role of SCM in E-Commerce in the following points-
- SCM or Supply chain management helps track E-Commerce Business.
- It connects the customers to the business through websites.
- Supply Chain Management helps provide a global platform to the organizations for trading.
- It further promotes virtual business allowing the clients to put up their product for sale on the internet.
- Supply Chain Management helps monitor the movement of the products to ensure it is delivered to customers on time.
- Lastly, it reduces company costs and increases the percentage of customer satisfaction.
Students can get Supply chain management assignment help from a team of professional assignment writer who help students in understanding the concepts of SCM and its role in the E-Commerce Industry. SCM has developed various strategies to ensure the smooth functioning of the E-Commerce business. The strategies commonly used by SCM can be listed in the points below-
- Supply chain management has developed strategies to ensure that customers get their products on time.
- Supply chain management has further developed strategies that help in lowering the cost and time for delivery.
- The normal capacity of a warehouse can be increased by tracking the products being delivered and are yet to be sent to customers.
- SCM has strategized to reduce manual labor by shifting most of the work online. This reduces the processing time and increases efficiency.
- It has also helped in the growth and development of E-Commerce by making the most of the existing warehouses reducing the outbound expenditures by using logistics of the third party.
This is a common topic that is often given to students who are into studying supply chain management. SourceEssay offers the best marketing assignment help to students to ensure they get instant solutions to any problems related to assignments on supply chain management and can submit quality assignments on time.