Explain how an extranet could be useful in supply chain management.
|NU Year||Set: 2.(c) Marks: 4 Year: 2012|
Connectivity and Accessibility has the latent to create an exclusive new business aspect for many extranet based B2B supply chain. The extranet minimizes social, environmental, linguistics hurdles between the associates worldwide. Connectivity to the internet paves way for many companies and they are employing it for the easy access and dispersal of information, directly link production and delivery plans and parallel monitor order fulfilment and cargo information. Extranet-based supply chain models emphasis on the trend of outsourcing and the unified environment among the trading partners.