Supply chain management is the combination of the process and information technology that integrates the suppliers of raw materials or components, the manufacturers or assemblers of the finished products, and distributors of the products or services into one cohesive process to include demand forecasting, materials requisition, order processing, order fulfillment, transportation services, receiving, invoicing, and payment processing.
B2B or Business to Business refers to electronic trade or partnering between organizations. The volumes of B2B transaction is estimated to be counted about 90% of e commerce transaction, while B2C or business to consumer takes about 10% of e commerce activity. Many B2B exchanges offer functionality for managing procurement of row materials and coordinating with suppliers. Spectating of B2B market had driven the stock prices of B2B software providers (such Ariba) to sky-high in 2000. Public B2B exchanges have not lived up to their original ambitions. Today, many companies use both public B2B exchanges and their private supply chain management software for procurement.
The Company’s Microenvironment Marketing management’s job is to build relationships with customers by creating customer value and satisfaction. However, marketing managers cannot do this alone. Marketing success will require building relationships with other company departments, suppliers, marketing, intermediaries, customers, competitors, and various publics, which combine to make up the company’s value delivery network. Marketing The Company Suppliers Marketing intermediaries Competitors Publics
Supply and Demand in the Bond Market Law of Demand It stats that “The higher the price of bond lower the demanded of bond”. The demand curve illustrates the negative or inverse relation between price and quantity of demand bond and direct between interest and quantity of demand bond. Law of Supply It stats that “The higher the price of bond the higher the quantity of supply bond”. The supply curve illustrates the positive or direct relation between price and quantity of supply bond and inverse between interest and quantity of supply bond.
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