Question
Digital Supply Chain Scenario and Theory Thehe wider global trends have affected corporations of all sizes. Globalization and the evolution of e-commerce have opened up
Digital Supply Chain Scenario and Theory Thehe wider global trends have affected corporations of all sizes. Globalization and the evolution of e-commerce have opened up opportunities for growth, but present challenges, such as the supply chainvisibility and complexity at the same time. "The extensive use of Internet is making customers moreimpatient both in retail that is business to customers (B2C) and business-to-business (B2B) segments.The future consists of estimating the influence of e-commerce on wholesale, retail, and distribution, aswell as the mixing of offline and online worlds, and the increasing growth of alternatives to homedeliveries. The consumers of the future do not want to wait - they want to order and receive theproduct as soon as possible, and companies have to respond to these challenges" (Farahani P et al.2015a). In essence, the consumer buying behaviour and demand patterns are significantly affected bythe high Internet penetration rate, the constant new information accessibility, and the possibility forcomparison in terms of product features and pricing (Accenture, 2015). The high internet penetrationrate has significantly changed the consumer buying behaviour and demand patterns, which imposes
heavy pressure on the supply chain managers. According to Farahani et al. 2015a, b followingchallenges and trends are identified for the next couple of years these are: Globalization and salesgrowth, Supply chain visibility, Process standardization and automation, Supply chain collaboration,Flexibility in responding to the volatile markets, and innovation and new business models. In reference to some to these statements:
Questions:
(a) Critically analyse the electronic supply chain design for prospective recovery from COVID-19 pandemic.
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