ENTREPRENEURSHIP

Detailed explanation-1: -The demand-driven strategies were first developed to understand the impact of inactivity and collection, as information fertilizes the supply chain from the source of demand to the suppliers.

Detailed explanation-2: -An important initial step in the supply chain integration model is for a firm to list all of it business partners so the firm can communicate their mission and vision to all those tied to their supply chain, this includes key trading partners and marginal trading partners.

Detailed explanation-3: -Improved logistics planning: information systems make it possible to monitor a product across the supply chain and collect data, equipping logistics managers with all the information they need to carry out logistics planning.

Detailed explanation-4: -The role of IT in supply chain management is to speed up business processes and prevent bottlenecks. Companies are closer to accomplishing on-time procurement, shorter inventory, and better efficiency, particularly in manufacturing.