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Online Shopping Essay

1314 Words6 Pages

AN IMPACT OF E-TAILING IN INVENTORY SYSTEM
S. Haripriya and W. Ritha
Department of Mathematics,
Holy Cross College (Autonomous),
Tiruchirappalli - 620002, India. ritha_prakash@yahoo.co.in ABSTRACT
In the present scenario of competitiveness, enhancement efforts and the adoption of new technologies is crucial for a company to reach high levels of effectiveness. Online retailing is one such strategy and it is continuing to expand quickly. As Information Technology progresses rapidly, consumers can access the internet more convenient and thus they are more interested in online shopping. Retailers who have effectively used the internet to manage their business operations have been able to discover new ways to handle their inventories and save costs. …show more content…

Here the letter E stands for electronic, as the shopping process occurs through the electronic media that is the internet. It is the Electronic retailing or business-to-consumer. With the help of a web-space a virtual shop is created and the items are displayed through the images in this space with the description and price tags. By accessing this shopping site a consumer can select their products into a cart. The payment for this product can be done in a variety of modes as specified by the shopping site. The items would be delivered to the address mentioned by the customer. E-tailing is an Integrator of technology, logistics, and infrastructure that generates moderately cost-effective marketplace for vendors and consumers. The formalization and development of E-tailing will play an essential role in bringing sustainability and economic feasibility to many facets of the economy. It will offer both direct and indirect employment. E-tailing decreases the space engaged by retail outlets in the real world. It gives quick and easy way to a shopping space at any time and from any place where there is access to the internet. It conserves time of the purchaser that is spent on travelling to a shopping place. It produces a new platform for goods from different parts of the world which could be imported by placing an

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