The rapid advancement of technology and of Internet commerce in a globalized market has brought change at an unprecedented rate. Credit institutions, manufacturing, merchandising and service companies are finding that their traditional methods and tools for accounting and logistics no longer suffice. They must develop more efficient processes, able to assure management control in real-time, promote transparency in accounts, and make immediate corrective action possible. The earlier they prepare to take advantage of the Internet supply chain, the greater the benefits will be. This book focuses on the most significant developments taking place in the market, their impact on the accounting and finance function, the new efficient logistics solutions, and how new technology effects commerce. Based on an extensive research project in the US, Britain, Germany, France, Austria, Switzerland and Sweden, The Internet Supply Chain explains what can be expected in business opportunities and in cost savings from selling and purchasing through the internet. The author goes on to suggest how accounting and logistics will need to be restructured to cope with, and make the most of the challenges and benefits presented by the Internet supply chain.

PART 1: DEVELOPMENTS IN THE GLOBAL ECONOMY WHICH AFFECT OUR DAILY BUSINESS Membership of the Board of Directors is Indivisible From the Management of Change All Professionals Must Adapt to The Forces of Internet Commerce Strengths and Weaknesses of the GM, Ford, Daimler-Chrysler, Renault-Nissan Supply Chain Partnership Why Supply Chain Partnerships Require Very Efficient Accounting and Logistics The Selling of Banking Services on the Internet Puts Current Systems Under Stress Rigorous Organisational Solutions: A Prerequisite to a Successful Supply Chain PART 2: THE CHANGING RESPONSIBILITIES OF SENIOR MANAGEMENT IN A MODERN FIRM One of the Big Challenges With Electronic Commerce: Accounting for Taxation Getting Our Company Ready for Shifts in Market Power The Real Revolution in Computers and Communications is in Logistics How Time-Constrained Applications and Data Filtration Impact on Accounting and Logistics Operational Risk with Supply Chain: Privacy and Security