New challenges for supply chain: Electronic invoicing and its use perspective

Abstract

Apparently, the importance of information flow in supply chain is increased. Information flow correspond physical products flow between supply chain actors under modern globalization conditions and the application of information and communication technologies (ICT). E-trade process is usually more efficient than traditional paper-based one. The products speed to the market and efficiency in supply chain become crucial factors. The implementation of e-trade process is exclusively important for supply chain companies aiming to operate the chain in efficiency manner. The research is oriented to the usage of e-trade attributes by trade sector in country, which corresponds to more efficient supply chain in general. In the study historical changes between supply chain actors and future opportunities are identified. Finally the maturity model is presented for electronic invoicing process.