Supply Chain

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Submitted by Forever21 on March 20, 2008

  • Category: Business
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Supply Chain

Supply Chains for Financial Institutions
As a consequence of the Internet and advanced technologies, companies that operate brick and mortar businesses are finding that to survive they must have a strong internet presence. In the banking and financial industry, all the major banks have online banking services, and other firms that are not affiliated with existing banks, such as First Internet Bank of Indiana, have opened online banks. Because financial services do not involve a physical product, they are easy to offer on the Web (Schneider, 2004). The supply chain used for a brick-and-mortar business differs from the supply chain used for businesses that operate on the web....

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