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write an analysis of the role of the internet in transforming industry value systems through globalisation and supply chain integration. Illustrat...

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Conclusion
The internet has played a huge part in transforming industry value systems through globalisation and supply chain integration. One of the biggest benefits of using the internet for these systems is the ability to communicate in real time between supplier, manufacturer, courier , distributer and ultimately, the customer. It also improves service levels between all parties and reduces logistics costs.
However the advent of global manufacturing companies has led to a number of new challenges. The major problem for large manufacturing companies is storage at their facilities of raw materials and finished products. Another thing global companies need to take into consideration is costs between countries and currencies as exchange rates can change dramatically, either reducing or increasing costs.
While the main benefit of using the internet for value systems and supply chain management globally is communications, it also provides a number of new avenues for business owners to advertise and sell their product such as online stores (Amazon) and auctions (Ebay). This provides many companies the option to cut out steps from manufacturer to consumer thereby increasing profits.
Introduction
The traditional way of managing supply chains has changed dramatically over the past few years. Face to face meetings, phone calls and paper dominated processing systems we originally the main management tools available to logistics managers worldwide. However, today all of that has changed. With the boom of the internet in recent years, websites, online purchasing and online communication have drastically changed, in a positive way. I will use Amazon as an example to demonstrate how the internet has transformed industry value systems thoug...

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...ustomer. It also improves service levels between all parties and reduces logistics costs.
However the advent of global manufacturing companies has led to a number of new challenges. The major problem for large manufacturing companies is storage at their facilities of raw materials and finished products. Another thing global companies need to take into consideration is costs between countries and currencies as exchange rates can change dramatically, either reducing or increasing costs.
While the main benefit of using the internet for value systems and supply chain management globally is communications, it also provides a number of new avenues for business owners to advertise and sell their product such as online stores (Amazon) and auctions (Ebay). This provides many companies the option to cut out steps from manufacturer to consumer thereby increasing profits.
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