Research And Describe The Growth Of E-Supply In China

Name:
Instructor:
Course:
Date:
E supply in china
The e-supply is understood as an online service whereby the ICBC loans are given via electronic banking systems to both the upstream and downstream enterprises in the supply chain. These enterprises then transact with other companies of the supply chain system via the e-commerce website or on the e-ERP platform. The credits are normally provided to the enterprises in the supply chain based on the commercial credits records, and online transaction of the key enterprises. The e-business has been on the rise due to virtual connectivity which has enabled a number of businesses, partners, and cooperation to link together. Sectors such as the virtual supply chains perform in chain networks due to the smooth flow of services, information, and products to the consumers. The technology also has enhanced the effectiveness and performance of the enterprises which have fully implemented integration strategies. China is one of the countries that have benefitted a lot due to e-supply. Thus, the China's e-supply and commerce have resulted in increased global e-commerce market which enhances the return on investment and increase in growth among others.
The growth of e-supply in China
The e-supply management in China has been on the rise due to the e-commerce boom, the supply package delivery for the country alone is on a steady rise at 30 percent annually. This has been indicated by the improved online buying fest that takes place on November 11 where consumers order 680 million packages across the China websites that require the delivery system. The features of the e-supply business in China include processes that are carried out on the online platform, the consumers are able to apply for the e-supply and the services are provided in different regions (Lancioni, Schau, and Smith 173).
China has been experiencing a rapid growth of e-supply due to the opportunities that arise. For example, China's growth and the desire for expansion of different enterprise outside China have enabled different enterprises to reevaluate the supply chain and the logistics activities. Secondly, most enterprises in China are currently valuing the returns on investment especially from the global markets. These returns are used in China for further development. In addition, the enterprises are focusing on serving the China market which has high-quality assurance (Lancioni, Schau, and Smith 173). Furthermore, the e-supply business seems to be younger that those of the North Americans. Thus, the supply chain managers focus on the cost effectiveness as well as developing them from scratch. This is coupled with a fast shift in China market which is dictated by the consumer demand that is a constant shift (Lancioni, Schau, and Smith 173).
On a separate note, the government of China is currently implementing the different regulations that are aimed at cleaning the unscrupulous and unsavory business practice hence making China a better place for business transactions. This comes amidst economist warning of Chinese economic slowdown that has been noted in the last few years (Lancioni, Schau, and Smith 173). However, its large retailers are currently engaging in the global markets in Europe and North America whi...