The Supply Chain In A Brick And Mortar Environment

1312 words - 6 pages

IntroductionThe trading of company stock to the public has been going on for many, many years. Over the years the supply chain for buying and selling equity stock has changed with innovations in technology. Today, the old brick and mortar environment of equity trading is being replaced by virtual trading through websites like Ameritrade, E-Trade, and Trade Station.Brick and MortarWhen a privately held company needs money to expand their business, quite often they choose to sell part of the company through a public stock offering. To facilitate this process an investment banker is most often involved helping value the company and determine the price of each share of stock. Once the value of ...view middle of the document...

The first method of discussion for the classic supply chain is the direct supply method where a company will make direct contact with its material suppliers to place orders; the supplier will then make arrangements to ship the material to the specified destination. This method generally takes a great deal of coordination on the purchasers parts because they may many different parts for many different department so generally it would require a very expensive staff to ensure that the ordering is performed properly.The second method would be for a company to utilize an outside source to perform their purchasing and materials for manufacturing. This is a very effective method which allows a company to basically wash its hands of the entire supply chain process and holding the specialized company accountable for properly handling the purchase and ensuring accuracy. The down side is that it is very expensive to employ and outside company, this method can also not be feasible for many small brick and mortar companies.Web Site Supply ChainThe supply chain in a web site environment for an apparel company is much simpler then a tradition supply chain in many cases. The supply chain for these companies includes the purchasing of materials or finished products from other sources and creating a finished product sold under the familiar names of these companies. The use of the internet allows the goods to be purchased more efficiently then they were before. It also allows for a considerable financial savings in many cases. This is due to simplifying the whole process of procurement for the companies.They can now deal with these suppliers electronically from places all over the world. Wherever they can find the best deals for what it is they need. Orders are processed much faster this way and products can then be shipped out sooner then they would be traditionally. This allows the companies to move the products much quicker then they would ever have been able to using traditional methods. The result is larger profits for them and for the suppliers. Much of that is due to the better turn around. With the process being shortened, what is in demand can be procured in less time and sold to the customers that demand it.Supply Chain ModificationFor most "brick and mortar" type businesses they rely on customers actually coming into their stores to buy the goods they are looking for. However, with the advent of e-business and it success, it is harder to get people to come to these stores so they are now either going out of business or starting their own online services or e-Businesses. This has caused many...

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