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Philips, which doesn't produce the printer, receives the request and only acts as a third party vendor, orders the printer from the manufacturer.
3. The manufacturer of the printer orders raw materials from the respective suppliers in order to produce the printer.
This is a very simple example of the supply chain. The supply chain not only involves the steps listed above, but the transportation companies as well.
B2B
B2B, or business to business, is a category of electronic commerce. B2B is considered transactions conducted between businesses. B2B eCommerce occurs when companies are buying from and selling to each other online...
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Common topics in this essay:
- Importance Of Supply Chain Management In Modern Businesses
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