Description: Supplier management in e-commerce refers to the process of managing relationships with suppliers that provide products or services to an online store. This process is essential to ensure that products reach customers efficiently and on time. It includes supplier selection, contract negotiation, inventory management, and performance evaluation of suppliers. Effective supplier management allows companies to optimize costs, improve product quality, and ensure customer satisfaction. Additionally, it involves establishing clear and constant communication with suppliers to resolve issues, coordinate deliveries, and adjust orders according to market demand. In an e-commerce environment, where competition is fierce and consumer expectations are high, proper supplier management can be a key differentiator that directly impacts a company’s profitability and reputation. Technological tools, such as supplier relationship management (SRM) platforms, have facilitated this process, allowing companies to automate tasks, analyze data, and make informed decisions about their supply chains.
