List Five Advantages of Using Internet Technologies in Supply Chain

question 68

Essay

List five advantages of using Internet technologies in supply chain management.

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Definitions:

New Accounts

Refers to the establishment of new business relationships or accounts, often in a financial context, but can also mean gaining new clients or customers in various industries.

Behavioral Measures

Quantitative data collected about the actions and responses of individuals or groups.

Product Knowledge

An understanding of a product's features, benefits, and use, crucial for effective sales and marketing strategies.

Communication Skills

The ability to convey information effectively and efficiently through speaking, writing, listening, and non-verbal gestures, crucial in both personal and professional interactions.