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What are the three components of elementum software

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Reference no: EM132870896

1. How does Mike McNamara, the CEO of Elementum, characterize the changing nature of supply chains when compared to twenty years ago?

2. What does McNamara believe is the solution to highly complex and risky supply chains that we have today?

3. What's different about the Elementum approach to supply chains?

4. What are the three components of Elementum's software?

5. Explain the differences between total B2B commerce and B2B e-commerce.

6. List at least 5 potential benefits of B2B e-commerce.

7. Name and define the two methods of purchasing goods.

8. Define the term supply chain and explain what SCM systems attempt to do. What does supply chain simplification entail?

9. Explain the difference between a horizontal market and a vertical market.

10. Explain the difference between an industry consortium and a private industrial network.

11. What is CPFR, and what benefits could it achieve for the members of a private industrial network?

12. What is EDI and why is it important?

13. Describe 6 major trends in supply chain management and collaboration.

14. What is a multi-tier supply chain and why does it pose a challenge for B2B e-commerce?

15. Describe the differences and similarities between B2C and B2B marketing.

Reference no: EM132870896

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