Final answer:
In Internet-enabled SCM, coordinating JIT inventory programs and analyzing customer demand are critical for streamlining operations. Advancements in technology and globalization have allowed real-time coordination and global partnerships. Protecting labor rights and splitting the value chain for specialization are key to sustainable supply chain strategies.
Step-by-step explanation:
In Internet-enabled supply chain management (SCM), activities such as coordinating just-in-time (JIT) inventory programs with vendors and suppliers and conducting customer demand analysis are part of a larger effort to streamline operations and ensure efficiency in production and distribution. The advancement of technology, particularly in communications like the internet, has significantly aided in this transformation by allowing real-time coordination and data sharing across global supply chains. With these improvements, companies can better match supply with demand, minimize inventory costs, and respond rapidly to market changes.
Challenges in the supply chain can be mitigated through technological advancements and by adopting policies that maintain supply chains during national emergencies. Additionally, sharing new technologies with developing countries can catalyze the production of faster and more sophisticated products for the market. Importantly, within the supply chain context, labor rights must be protected. Companies are encouraged to revise their labor policies and invest in their workforce, recognizing that the sustainability of the supply chain also depends on the workers' welfare and effective national and international labor agreements.