Effect of E-business and on firm’s Supply Chain Introduction E-business is computing and communication through internet which has enabled a business to execute front end backend processes of a business. In today’s scenario it has become a key enabler to drive the supply chain integration. Business can use internet to • Gain global visibility across their extended network of trading partners • Help them respond quickly to a range of variables from customer demand to shortages of resources. By adopting e-business methods in the supply chain pattern we can achieve goals of reduced cost increased flexibility, faster response times more efficiently and effectively. In the past decade, electronic business has increased demand and attention from
• Advisors provide online consulting and advice (Accenture, IBM Business Consulting Services). • Information and new services providers create, package, and deliver online information (Wall Street Journal online). • Custom suppliers design, produce, and distribute customized products and services (Boeing, McGraw-Hill). (13) Infrastructure Provider E-Business Models : (B2B, B2C) Unlike previous business models that use the digital infrastructure of the Internet, these models provide that infrastructure. • Infrastructure retailers sell the infrastructure (CompUSA).
We are living in the rapidly developing world of new technologies where every day new efficient solutions incorporated. Few years ago it could seem fantastic that amount of internet based transactions would reach such a high level among customers all over the world. Moreover, the electronic commerce itself has become more than just a process of exchange, but a complicated online process, which include such actions as marketing, servicing, and management of workflow and personal information of the customers. It is important to note that e-commerce systems are strongly dependent on resources of internet and other information technologies. The introduction of e-commerce has diminished the effect of geographical barriers.
In order to define the market segment, a particular product of Generation X is marketed to target audience. The target market of the Generation X laptops are shown below: There are two segments in which Generation X potential markets are separated in: End User and Corporate User. The marketing opportunity of the Generation X is to sell the well defined and accessible target market segments that focused on investing income in the following areas: Corporate User: Generation X laptops has many features to use and work profile. Generation X users are the corporate users who purchase the laptop for their official reason. The main corporate level users are CEO, DGM, MD and GM.
The purpose of every e-business is to utilize technology in a way that enhances communication and the company 's profitability. By deploying the technologies such as internet, World Wide Web, and wireless communications has offered many opportunities for innovative e-businesses to be created based on new approaches to business. Innovation in e-business is relentless, with the continuous introduction of new technologies, new business models and new communications approaches. So all organizations have to review new electronic and Internet-based communications approaches for their potential to make their business more competitive and also manage ongoing risks such as security and performance. E-business is more than having a website for the business.
The Internet is changing the way consumers shop and buy goods and services, and has rapidly evolved into a global appearance. Lots of companies nowadays use the Internet to convey, communicate, promote and spread the information to sell the product, to take feedback and also to conduct satisfaction surveys with customers. Customers use the internet not only to buy the product online but also to compare prices, product features and after sale service facilities. After compared the price they will choose the one which is more suitable and reasonable. Consumer can get more detailed information and choices to compare product and price, more choice, convenience, easier to find anything online.
With the development of the Internet the concept of E-commerce and E-business became more and more popular. The term of E-commerce was first introduced by Turban et al. (2002). After that the concept of the online shopping as a separate process became more accepted. Nowadays there is a growing competition between physical stores and online e-commerce stores.
E-commerce (electronic commerce or EC) is the buying and selling of goods and services, or the transmitting of funds or data, over an electronic network, primarily the internet. The terms e-commerce and e-business are often used interchangeably. The term e-tail is also sometimes used. Or what we know and familiar with as online shopping. The beginnings of e-commerce started in the 1960s, when businesses started using Electronic Data Interchange to share business documents with other companies.
The internet has been around since the 1970s but it wasn’t until the 1990s that it became popular. The internet became a way for people to communicate instantly over great distances. People could also search for information using the internet. The creation of email, social media, and search engines changed the way people all around the world operate. People can now learn, online, anything that they want instead of having to rely on teachers.
With the unaccountable benefits of internet we also pondered on the telecommunication industry. He gave us information about how telecommunication industry is progressing. From the telephones that used 1G to the mobile phones that use 4G, the telecommunication industry has truly transformed. The development in communication mediums over the years from copper to optical fibres makes gigabit internet possible. Therefore, the way we communicate has