Business, 30.12.2019 23:31 naomirice24

Effectively and efficiently applying technology to the supply management process will result in:

1. a decline in operating performance because of the volume of information to be analyzed and considered before making a decision.

2. poorer negotiation planning and preparation because of the time spent accessing and analyzing data.

3. an ability to reduce the total cost of doing business by enabling just-in-time systems, bar-coding applications, integrated manufacturing, and electronic funds transfers.

4. damaged buyer-supplier relationships because of the impersonal nature of electronic communication.

5. increased clerical effort because there is more data entry than in a manual system.

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Effectively and efficiently applying technology to the supply management process will result in:

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