Ecommerce And Supplychain Management
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st shopping carts require you to have your own merchant account and gateway.merchant account is a bank account that allows a business to conduct credit Electronic Commerce and Supply Chain Management in Business Networking
Business Networking is a concept, which aims at shaping and managing relationships among business partners.
Improved intra organizational processes are an important basis for Business Networking, which analyzes entire networks of (internal and external) business partners and emphasizes distributed processes of the extended supply chain, such as procurement, distribution and planning. Business Networking assumes that production occurs not within large vertically integrated companies but in networks where different partners concentrate on their core activities. Important goals are to offer integrated solutions via integrating modular services from partners and to reach high performance of production and cooperation processes. For example, this results in reduced and guaranteed cycle times at reduced costs as well as improved efficiencies in setting-up partner relationships. Companies, such as Amazon, focus on managing the customer relation and pursue intense networking with suppliers (publishers) and logistic partners.
Thus, Business Networking addresses new strategic options (e.g. new electronic sales channel, positioning in the digital value chain), new possibilities for processes (e.g. selection of products, order entry, direct distribution, payment) as well as the technical issues.
E-commerce does not just mean trading and shopping on the Internet. It
means business efficiency at all operation levels. Executives know it is critical to
effective business operations, but until now quantifiable performance measures have
been as scarce as the number of corporate executives of China who heard of the
phrase “supply chain management” (SCM). A supply chain is a network of facilities and distribution options for the entire network of companies to work together to design, produce, deliver, and service products. Supply Chain Management means
coordinating, scheduling and controlling procurement, production, inventories and
deliveries of products and services to customers. processing over $1000 a month, its more cost effective to A
The SCM is the backbone of E commerce, a very critical component of E-commerce.
An integrated supply chain management (SCM) system is the
backbone to achieve the following e business objectives. ply for your own
Integrated, automatic system-to-system interaction with all trading partners
The ability to integrate those interactions seamlessly with your in-house
applications and processes to provide true end-to-end visibility and control.
Accommodation of the individual nuances of each partners mode of
Interaction.
A high-quality and reliable means of exchanging messages over the Internet,
which provides business-level guarantees of delivery and integrity.
Intelligent management of those interactions, allowing control and ability to
change them dynamically.
The ability to adapt to change, by quickly and easily locating new services or
partners, learning their specific capabilities, and forming a rapid “electronic
bond” with them.
Supply Chain Management is the business function that coordinates all of the network links.
Coordinates movement of goods through supply chain from suppliers to manufacturers to distributors.
Promotes information sharing along chain like forecasts, sales data, & promotions.
tSCM must consider the following trends, improved capabilities, & realities: