25W 2372 Wk 06 (1)

Supply Chain Information Systems

Tools used to manage and analyze the flow of information across the supply chain.

Electronic Sourcing Tools

Digital tools that assist in sourcing goods and services electronically.

Internal Information Flows

Data movement within an organization including purchasing, production, and quality control.

External Information Flows

Data movement to/from suppliers regarding market conditions, prices, and product information.

Enterprise Resource Planning (ERP) Systems

Software that integrates various functions of a business into one complete system to streamline processes.

Electronic Data Interchange (EDI)

Method for transferring business documents electronically between organizations.

Product e-Catalogs

Digital catalogs that showcase supplier products, including specifications and transaction data.

Reverse Auctions

An auction format where sellers bid lower prices to win contracts for goods or services.

Swimlane Diagrams

Flowcharts that visually represent the responsibilities of different stakeholders in a process.

Auction Platform

Online services used to facilitate the procedure of conducting an auction.