WHAT IS COLLABORATIVE COMMERCE? Also known as c-commerce, collaborative commerce is a business strategy that calls for looking at the process of supply chain management in a new way. Instead of seeing the elements of the chain as independent entities that have no more than a tenuous connection with one another, each organization involved in the supply chain views itself as being directly involved with all the other organizations. In order to fully implement this different approach, the partners involved in the chain make use of electronic or e-commerce to develop new and more efficient ways of communication and interacting with one another. As a result, each partner benefits in terms of managing costs, lower rates of errors along the chain, and in general a more efficient process that begins with the manufacturer and ends with the customer.
Posted on: Tue, 23 Sep 2014 22:53:24 +0000
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