Influence Internet and Digital Technologies on Supply Chain Essay

Influence Internet and Digital Technologies on Supply Chain - Essay Example From the report it is clear that  organisations demonstrate concern on the agility of supply chain, reduction of product time cycle, efficiency, and product delivery. The essence of the above contention is to achieve high performance through introduction of effective and efficient services. The move from the traditional system to the electronic system was because of the influence created by the electronic system to the organisation performance.According to the paper findings the understanding of internet or information technology with respect to SCM would refer to a system where the organisation has no boundaries of sharing its information. Supply chain management is a process where an organisation coordinates, plans, and controls materials (goods) from supply to consumer. The chain consists of geographical facilities of distribution and links created through the transport system that connect the chain to the facilities. The chain would begin from the manufacturing organisation and would end with the consumer. The length of the chain determines the efficiency of the organisation.  Supplier to buyer relationship shows some degree of interdependence. Factors, which influence the interdependence, are bargaining power and supply power among others. The development of organisation’s strategy largely depends on its supply power.  The effectiveness of the chain would depend on the trust demonstrated by the concerned parties. Analysts contends that application of electronic system in product marketing i.e. IT reduces costs associated with coordination because it drastically cut cost of communication and the assets which offer create chain relationship (Salo and Karjaluoto, 2006:56). The competitiveness of a product in the market depends on the consumer information about the product. The essence of digital technology is to influence the traditional supply chain by creating effective operations. Study on traditional chain show that information availability i s limited thus leading to in adequate performance (Simchi-Levi, et.al. 2004:132). Communication is a vital element in the supply chain because it dictates terms of service between the suppliers and the buyers. The effectiveness of the system leads to strategic approaches, which influence the performance of the organisation. Researchers have observed that many organisations have embraced internet and other digital systems in their supply chain process. The shortcoming of the traditional chain includes limited functionality of the enterprise, inflexibility to adapt to environmental changes, limited support functionality in decision-making and limited modularity (Gordon, et.al. 2008:58). Supply Chain in the Book Industry Research on internet influence on SCM in book industry indicates that the application has an influence in the following areas procurement, supply relationship management, customer relationship management, and logistics (Wang, et.al.2011:13). The processes involved in s upply chain of books include publishing, creation, consumption and distribution. The trend is similar to other trends employed by other organisations. A bid to understand the impact of internet application to SCM leads to the following approach of explanations. Internet and other digital technologies on purchasing Availability of information through internet has influenced processes involve

Does the Japanese state deserve most of the credit for Japan's Essay

Does the Japanese state deserve most of the credit for Japan's development - Essay Example During Japan's postwar economic miracle, it was the Japanese state that deserves most of the credit for successful industrial development. The state's use of industrial policy was the single most important cause of the transformation and growth of the economy. All factors, including external environment, political leadership, and the role played by the private sector, are insignificant when compared to industrial policy. Without the industry-specific interventionist policies followed by the MITI, the economy would not have developed at the pace or in the direction it ultimately did. At the outset, those who answered the question affirmatively can point out that the roots of Japan's successful post-war industrialization and economic development can be traced to efforts of the Japanese state as early as the period of the restoration of imperial rule in Japan. Prior to the restoration of Japanese imperial rule, the Tokugawa Shogunate after its experience with Commodore Matthew Perry's gunboat diplomacy in 1853 had accepted many unequal treaties leading to dissatisfaction among the country's samurais and feudal clans. For example, Japanese tariff rates were kept low and a system of extraterritoriality was established. Restoration of imperial rule through the installation of the political rule of Emperor Meiji became the rallying point of a significant portion of the country's ruling elite and leading warlords in expressing opposition to foreign encroachments. Japan is one of countries of Asia that started early in modernizing their banks. As early as 1872, Emperor Meiji established four national banks in Tokyo and other cities of Japan.