Final answer:
Web-based supply chain management helps reduce inventory, speeds up the ordering and delivery process, and decreases overall costs, but does not necessarily reduce the number of suppliers bidding for a company's business.
Step-by-step explanation:
The benefits of well-implemented Web-based supply chain management include several key factors, but not all options listed are correct. While Web-based systems can indeed reduce inventory on hand by improving inventory tracking and consequently reducing overstocking, they also speed up the ordering and delivery process thanks to streamlined communication and automation features. Additionally, they can decrease overall costs through efficiencies in logistics and by leveraging economies of scale.
However, the implementation of Web-based supply chain management does not necessarily reduce the number of suppliers competing for a company's business. In fact, by creating greater transparency and reducing geographic constraints, such systems can potentially increase the number of suppliers willing and able to bid for a company's business. Therefore, option C is the one that does not belong, as it states that there is a reduction in the number of suppliers bidding for a company's business, which is not a benefit of Web-based supply chain management.