Tom Ward's Blog

Companies are constantly looking for new ways to increase profits. One of the greatest opportunties for doing so can be achieved through refining the supply chain. Cutting out the middleman in the supply chain is something companies all around the world are attempting to do. One of the best examples of a company that has achieved this with great success is ebay. Ebay is an American internet company that manages ebay.com, an online auction and shopping website in which people and businesses sell goods worldwide. Technology and the internet have allowed the creation of ebay. This creation allows for goods to go straight from the producer to the consumer. Effectively this completely cuts out the middleman. Manufacturers can use internet tools such as ebay to save costs on a large scale. All the costs associated with selling their products through retail stores and storing excess inventory can now be eradicated through means such as ebay. Companies across the world have noticed this opportunity and the result has been incredible success by online companies such as ebay and amazon. The supply chain is dramatically reduced resulting in decreased costs, greater profits, and better customer interaction.