Quantitative analysis for Internet-enabled supply chains

A supply chain, from an operations perspective, has three components: sourc ing or procurement, manufacturing and distribution, and inventory disposal. In each component, the Internet is significantly affecting how supply chai ns are being managed, leading to new challenges while ultimately promising to provide value. The likely future is collaborative supply-chain managemen t that promises to make, for the first time, the dream of virtual integrati on a reality. Quantitative modeling provides companies decision support as well as insights for better management of supply chains. But there are stil l a number of challenges that require further OR/MS analysis.