Supply chain management is essentially the optimisation of material flows and associated information flows involved with an organisation's operations. To manage these flows, e-business applications are essential to bring such benefits as noted in 'Internet retailing' in 2010 which reported that the average rates of return to a high street retailer could be as high as 10%. What did the same source report as the average rate of return for UK e-commerce sites?
A) 15%
B) 22%
C) 12%
D) 18%
Correct Answer:
Verified
Q2: Supply chain (SC) management involves the coordination
Q3: An organisation's supply chain can be viewed
Q4: Logistics is an integral part of supply
Q5: The 'value chain' idea is a concept
Q6: A value chain analysis provides an analytical
Q7: Improvements in the value chain can be
Q8: What does the following definition refer to:
Q9: Using digital communication to improve supply chain
Q10: The typical benefits of e-supply chain management
Q11: What does a company's information system need
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