ConclusionsIn conclusion, the Internet has played a central role in the transformation of the value systems of the industry. Some areas have been affected more than others. Logistics and operations have been completely transformed in coordination with globalization, while marketing and sales have found new audiences around the world. With technology constantly evolving, supply chain management evolves with it and (with the Internet linking them together) industrial value systems become more and more effective over time.IntroductionThe Internet has played a major role in the transformation of industrial value systems through globalization and supply chain integration. Factories around the world each produce a key component needed to produce a particular good/item and thanks to the internet, it is now easier than ever to manage these supply chains and get the product from production to radius as quickly and inexpensively as possible. possible.Globalization and the InternetGlobalization has had a significant impact on the way companies do business in recent years. This has created an economic environment that has become more connected and competitive. Through the use of the Internet and technology, the distance and time between countries has been significantly reduced through more efficient logistics and transportation and better networking between organizations. It is now easier than ever for businesses to purchase products from different parts of the world and manage these supply chains, especially since many links in these chains can be automated. Without the Internet, ongoing communication and coordination between these global providers would be more difficult. Globalization, however, is not without its problems. It introduced...... middle of paper ...... house stores operating in the United States and some countries around the world. The company is the second largest public company in the world. [4] Many factors contributed to this success. Walmart operates a just-in-time inventory management system. To maintain the effectiveness of its just-in-time policy to reduce excess inventory and costs, Walmart works directly with its suppliers around the world to ensure they meet strict supply chain management requirements. “Delivery time requirements” and “shipping times” are just two of the requirements Walmart imposes on its suppliers. [5] Walmart has also been using RFID (radio frequency identification) technology for about a decade, and as a result, its supply chain management has benefited greatly. [6] They also operate an online store with the option to deliver or reserve for in-store collection..