Benefits of e-Commerce

- The internet is ubiquitous, accessible and low-cost.
- eCommerce can be accessed through diverse forms of technology (computers, PDA'S, mobile phone digital TV and kiosks).
- The time to market is shortened.

eCommerce Opportunities

E-Commerce is driving the new economy and the internet is primary facilitator. The internet is a communication network that has revolutionized the way people access, share and use information.

The amount of information and the speed at which it can be exchange have increased dramatically. Rapier and robust information flows saves time and money. It transforms organizations because it eliminates paper-based functions, lowers transaction costs, flattens organizational layers and integrates global operations.

E-Commerce In Supply Chain Management

Traditionally, supply chain management consisted of three distinct dimensions- the actual physical distribution of tangible("hard") goods with inbound and outbound logistics systems, the exchange of currency or payment and the exchange of information between various economic players.The advent of electronic commerce over an open-source, ubiquitous Internet Protocol (IP) based network has facilitated the integration of the varied media that connect the supply chain, leading to significant new interorganizational information flows that facilitate supply chain management.

Web-based technologies remove the constraints of geography, time and space and therefore make feasible the creation of value webs. In such webs,customers drive the formation of flexible, dynamic networks by their demands and firms can engage in forming realtime links with a globally dispersed base of partners.

Through these value webs, firms can provide customers with tailored products and solutions, delivered inexpensively (or free) and very quickly. This leads to increase efficiency and profitability for the firms involved and for the economy as a whole.

Impact of E-Commerce

E-commerce is such a new phenomenon that little research has addressed the effects it has on relationships in supply chains. The e-commerce environment was perceived as highly uncertain, stemming from increased information visibility and dynamic market structures. A stronger emphasis on relationship management as part of business strategy enables managers to manage uncertainty better. Interestingly, increased information does not decrease the perception of uncertainty, but creates more uncertainty.

As logistics is the function often involved with both information and relationship management within the supply chain, it may prove to be invaluable in helping firms succeed in this dynamic environment.

Online Store

E-commerce provides everything you need to sell products online on the Internet with excellent front-end and powerful back-end.

• No paper work needed

• Effective marketing can bring you customers from the first day of business

• Low-cost/high-payback alternative to traditional physical store or mail- order catalog

• Avoid losing sales to competitors who are online

• Immediate international sales presence

• Shop 24 hrs/day, 365 days/year

• Expand customer base

• A simple shopping cart can make your start in e-commerce fast and affordable

• Set up shop anywhere, no need to re-locate

• Reduce phone cost due to customer support via email

Booking Online Travel

E-commerce offers way to avoid any booking troubles is to do everything from the same online website. Even though you do not have to go this route, it will surely work to your advantage. The service that you are using will remind you of what you need to do, and will even keep track of your entire trip. In addition, when you book online you will be able to search around for the best possible prices. This is one of the biggest advantages of booking online from the same site. All you have to do is supply information on where you are going and what you are in need of, and the service will take care of everything else for you. This sure beats having to search for the best prices on your own. Overall, the advantages of booking online travel from one site are nearly endless. Not only are you going to be ensured of remembering everything, but you will be able to save money as well. Plus, when you book online you can save a lot of time as well.

As long as you know where you want to go and what you need, an online booking service will be able to help you get there. Give them the details so you can sit back and relax.

E-commerce - Advantages

E-commerce offers buyers maximum convenience. They can visit the web sites of multiple vendors round the clock a day to compare prices and make purchases, without having to leave their homes or offices from around the globe. In some cases, consumers can immediately obtain a product or service, such as an electronic book, a music file, or computer software, by downloading it over the Internet.
For sellers, e-commerce offers a way to cut costs and expand their markets. They do not need to build, staff, or maintain a physical store or print and distribute mail order catalogs. Automated order tracking and billing systems cut additional labor costs, and if the product or service can be downloaded then e-commerce firms have no distribution costs involved. Internet technologies also permit sellers to track the interests and preferences of their customers with the customer's permission and then use this information to build an ongoing relationship with the customer by customizing products and services to meet the customer's needs.

Online Shopping

Online shopping allows customer opportunity to shop 24 hours a day, seven days a week. Online shopping has proved to be a boon for shoppers who are home bound or live in rural areas.

Online shopping offers vast range of products to choose without leaving home. It also saves from custom hassles in case customer want to send any gift to relative living in another country.

On line shopping allow customer to browse through different products without actually going in the market. It also gives customer the option to compare the prices of products offered by online stores and make the best deal

Documents Handling

E-commerce allows transportaion companies of all sizes to exchange cargo documents electronically over the Internet.

E-commerce enables shippers, freights forwarders and trucking firms to streamline documents handling without the monetary and time investment required by the traditional document delivery systems.

A Fraud thru e-commerce

Although e-commerce offers plenty of convenience to our life nowadays,
however it also has some drawbacks. The video showns one of the case. Therefore consumers need to be reassured that credit card transactions are secure and that their privacy is respected.