Presented By : Madonna Yasser 5411058 Mahmoud Mohamed 5411509
Outlines Definition of e-commerce Types of e-commerce Advantages of e-commerce Disadvantages of e-commerce E commerce and supply chain
Definition of e commerce:It is a type of industry where the buying and selling of products or services is conducted over electronic systems such as the Internet and other computer networks.
Types of e commerce:B2B (Business-to-Business)Companies doing business with each other such as manufacturers selling to distributors and wholesalers selling to retailers. B2C (Business-to-Consumer)Businesses selling to the general public typically through catalogs utilizing shopping cart software.
C2B (Consumer-to-Business)A consumer posts his project with a set budget online and within hours companies review the consumer's requirements and effort on the project. The consumer reviews the efforts and selects the company that will complete the project. C2C (Consumer-to-Consumer)There are many sites offering free classifieds, and forums where individuals can buy and sell products or services.
Advantages:♦ A business can reduce the costs of handling sales and determining product availability by using electronic commerce .♦ Electronic commerce provides buyers with a wider range of choices than traditional commerce.♦ Electronic commerce provides buyers with an easy way to customize the level of detail in the information they obtain about a prospective purchase.
Disadvantages:♦ Return-on-investment is difficult to calculate.♦ Many firms have had trouble recruiting and retaining employees with the technological, design, and business process skills needed to create an effective electronic commerce presence.♦ Many businesses face cultural and legal barriers to conducting electronic commerce.
Relation between e commerce and supply chainSupply Chain Management means coordinating, scheduling and controlling production, inventories and deliveries of products and services to customers. The SCM is a very critical component of E-commerce. Supply Chain Efficiency means having the right product at the rightplace at the right time,can save money/reduce costs,and can enhance cashutilization.