Examlex
EC can take several forms depending on the degree of digitization of the following three dimensions:
Supply Chain
The entire system of producing and delivering a product or service, from the initial sourcing of materials to the delivery to consumers.
Response Time
The duration taken to react or respond to a request, requirement, or stimulus, crucial in customer service and operational efficiency.
Order Visibility
The ability to track and monitor the progress of orders throughout the supply chain, from placement to delivery.
Time To Market
The duration from the initial concept of a product to its official launch in the market, reflecting a company's efficiency in developing and launching new products.
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