Question

To assess your understanding for E- Supply Chain / E- Logistic Management.

Q. What are the recommendations for gaining competitive advantage of the business?

(Min. 250 words)
No Plagiarism (copying) please.

Answer 1

Having a competitive advantage means having an upper hard in the market and among all the competitors in terms of the techniques, resources and the operations used in the organisation which makes your organisation stand apart from the crowd. E-logistic management refers to the process of managing the whole supply chain and the movement of the goods from the supplier to the organisation (inbound movement) and the movement of good from the organisation to the customer (outbound movement) through the use of specialised applications and technology to render the services more effectively and efficiently. The benefits of having an e-supply chain management in the organisation are as below:

1. Speed: E-supply chain management uses the technology and all of the best features of it to provide the raw materials to the organisation at a very high speed and effectively. Resources could be effectively provided anytime and from anywhere using an internet or electronic platform where the orders could be placed and the delivery could be made within no time giving our organisation an advantage from the market.

2. Lesser Cost: Apart from the speed basis, another factor that helps the organisation having an upper hand in the market is the cost analysis techniques which they could use using the e-commerce platform. By using technology more resourcers could be tracked and placed within no time that would also make the cost become less for the organisation per every unit making them efficient.

3. More Suppliers: Tracking the technolog and the resources around the world, more suppliers could be traced which would make the organisation more options if any present supplier back down. Thus, giving a backup option and more choices of suppliers make them a competitive advantage in the market.

4. Global Resources: By using the technology analysis in the market all around the world, the most effective and efficient resources and the raw materials all around the world could be ordered, placed and used and thus giving the organisation an edge in being the different organisation and giving them a differentiation benefit.

5. Higher Sustainability: At last, performing and by providing all the above mentioned benefits, a firm can effective having higher profits, sustainability and an edge in the market.

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