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Agents in E-Supply Chains: Realizing the potential of intelligent infomediary-based e-marketplaces

Year: 2011
Type: article
Abstract: Supply chain management is a common strategy employed by businesses to improve organizational processes by optimizing the transfer of goods, information, and services between buyers and suppliers in the value chain [6]. Organizational value chains routinely extend business processes and information flows beyond corporate boundaries [7, 12]. A central tenet of this article lies in creating information transparency through effective integration of information flows by intelligent agents across the multiple electronic market- places (e-marketplaces) that comprise the e-chain. Here, we refer to information transparency across the e-chain as the availability of information through the multiple e-marketplaces of the supply chain in an unambiguously interpretable format. A fundamental ongoing endeavor of supply chain management is to foster information transparency that allows organizations to coordinate supply chain interactions efficiently in dynamic market conditions. However, the implementation of effective information transparency in Internet-enabled supply chains (e-chains) remains elusive. Even if this transparency were present, the information overload would be cognitively demanding for human decision makers.
Language: English
Open Access status: green
OpenAlex ID: W1504193430
FWCI:
Cites: 12
Cited by: 2
Related to: 10