Application Of Erp And E Commerce Essay

Application Of Erp And E Commerce Essay

Length: 1593 words (4.6 double-spaced pages)

Rating: Strong Essays

Open Document

Essay Preview

With the advancement in technology, new concepts are introduced which includes ERP, E-commerce and ICT. ERP is enterprise resource planning which is actually business management software that is used to collect and manage data for interpretation. E commerce is electronic trading using internet. ICT is information and communications technology comprises of hardware and technology. In this report an organization is being selected named as Commonwealth bank which is one of the famous banks of Australia who has implemented ERP and e-commerce systems with ICT to provide benefit to their customers and stakeholders.
In this report implementation of ERP and E-commerce and its integration with ICT is shown with a practical example of an austrlian bank – Commonwealth bank. The report is further divided into 4 sections. Section I is the Introduction to Enterprise – Commonwealth Bank Australia (CBA); Section II is Integration of ERP & E-Commerce with ICT; Section III is Issues Arise While Implementation of ERP or E-Commerce; and Section IV is Advantages of Implementing ERP & E-Commerce followed by conclusion.
Section I is all about Commonwealth Bank starting with its introduction, products and services, market place, competitors and organization structure. Section II shows how ICT is integrated with ERP and E-commerce and its implementation is CBA. Section III highlights few possible issues that may arise while its implementation followed by Section IV shows the advantages this implementation brings. In the end conclusion is presented.
Commonwealth bank is related to industry providing banking and integrated financial servi...

... middle of paper ...

...customers and stakeholders by better facilitation and increased business which shows that the implementation is proof to be beneficial for all. This successful implementation and increased business indicates that every bank should revolution their tradition manual system with this new one to enhance their business.

Adam, Kotze, & Merwe (2011), Acceptance of enterprise resource planning systems by small manufacturing Enterprises, Proceedings of the 1tth International Conference on Enterprise Information Systems, , p. 229 – 238
Gangeshwer (2013), E-Commerce or Internet Marketing: A Business Review from Indian Context, Vol.6, pp. 187-194, 2013
Eng (2005), The impact of ICT on learning: A review of research, Vol.5, pp. 635-650, 2005

Need Writing Help?

Get feedback on grammar, clarity, concision and logic instantly.

Check your paper »

Proposal To Implement Supply Chain Management Program Essay

- Project Proposal Sheet 1.0 Idea HANA KIMI CO. would like to adopt an online Supply Chain Management System (SCM) whereby the customers may buy company's products online via company's website and able to track the status of the order including the availability of the stocks by integrating the Online Sales System with the company's Inventory, Manufacturing and Production System. 2.0 Type of Project √ Revenue Generating √ Cost Savings 3.0 Type of System Horizontal: The implementation of the online SCM will involve the operational level only Vertical: The following functions will be integrated: * Manufacturing and Production System * Sales and Marketing System * Inventory System 4.0 Busine...   [tags: SCM ERP Enterprise Resource Planning Software]

Strong Essays
1575 words (4.5 pages)

Benefits Of Erp Systems Over Standalone Software Packages Essay

- 1 What problems had the YIOULA Group’s stand –alone legacy software created for the company. They could not estimate the cost for production the group, synchronous side to side its factories. They had a problem with improving their effectiveness and how it relate to its purchase and their finance in management across all its plants. So they growth and position or extended wasn’t continued into a new market areas. Without any doubt the legacy for stand-alone applications was very important to be replaced....   [tags: Enterprise resource planning, ERP software]

Strong Essays
1090 words (3.1 pages)

Essay on Overview of Electronic Commerce in China

- 3.2 Overview of Electronic Commerce in China 3.2.1 Internet in China In September 1987, the Chinese Academic Network built the first domestic Internet e-mail node and sent out the first e-mail from China. The universities were the first Chinese institutions to connect to the Internet. In 1990, a number of Chinese universities and educational institute including the Ministry of Education were connected. But substantial growth of Internet was not occurred until year 1994, when the National Computing and Networking Facility of China project opened a 64K international dedicated line to the Internet, which achieved a full-functional connection....   [tags: Commerce]

Strong Essays
1621 words (4.6 pages)

E-Commerce and Vladimir Zwass Essay

- E-Commerce E-Commerce is a shortened word which means Electronic-Commerce. Vladimir Zwass (2001) defines E-Commerce as the process of carrying out business transactions by the use of telecommunication networks. It involves sharing business information and maintaining business relationships. E- Commerce started as early as 1948 during the Berlin airlift in the form of electronic transmissions (Seideman, 1996). E-Commerce later developed into electronic data interchange (EDI) and in the 1960s, industries cooperated to produce common electronic data formats....   [tags: Electronic Commerce]

Strong Essays
2865 words (8.2 pages)

E Commerce And The Global Market Essay examples

- Online business is gaining popularity in the current global market because the cost of conducting this type of business is reducing significantly over the decades. E-commerce is one types of e-business where physical goods are sold online using different strategies like websites and other platforms. E-commerce utilizes the concept of online store where goods are sold online in which the market identification is the key strategy for making the business a success. E-commerce will refer to subscriptions where a business entrepreneur use subscription services and the subscribers are made to deliver goods periodically....   [tags: Electronic commerce, Online shopping]

Strong Essays
1371 words (3.9 pages)

Internet as a form of Commerce Essay

- Commerce has been seen as one of the concepts that have had the greatest rate of evolutions in its attempt to be at par with the global dynamics. The pragmatic shifts and changes that the universe have had to experience in a variety of disciplines like business has led to such evolutions so that it is not seen to have lagged behind. One of the shifts that commerce has had to take is the adaptation as well as manifestation of e-commerce. E-commerce has however not been self-initiated but rather has been greatly influenced by the evolution of the information technology sector (Kracher, Beverly, & Cynthia, 2004)....   [tags: E-Commerce, Information Technology]

Strong Essays
1574 words (4.5 pages)

Electronic Commerce And The Internet Era Essay examples

- 1. INTRODUCTION In general, electronic commerce is the process of buying and selling goods or services using electronic systems between organisations and in business-to-consumers (Saxena, 2013). With the passage of time, electronic commerce had become one of the essential characteristics in the internet era. According to UCLA (University of California, Los Angeles) Centre for communication Policy (2001), online shopping has become the third most popular activity on the internet, immediately following e-mail using, instant messaging and web browsing....   [tags: Online shopping, Electronic commerce]

Strong Essays
3285 words (9.4 pages)

Enterprise Resources Planning (ERP) Implementation Essay

- This essay will discuss Enterprise Resources Planning (ERP) implementation, specifically in the factors which can leads that ERP implementation to successful and unsuccessful ERP implementation. The difficulties in the ERP implementation had made the ERP become major research when talking about ERP. In what are the key factors that can result in successful and unsuccessful of ERP implementation. By collected all the necessary resources we are be able to discuss more about ERP and the key factors in that in order to make the final conclusion for ERP....   [tags: ERP Business Model Implementation Research]

Strong Essays
1634 words (4.7 pages)

Anti-rape Legislation and the Commerce Clause Essay

- The issue at stake is whether the rape of a female student by two male athletes (who have confessed to committing the crime) at the Virginia Polytechnical Institute in the year 2000 was a violation of a law passed via the Commerce Clause. A Federal law had been passed (43 U.S.C. 13981) which allowed victims of “gender motivated violence” (such as this student) to seek damages in a civil action through Federal court. The victim has since filed the civil action suit through a Federal Court using this law....   [tags: The Commerce Clause]

Strong Essays
1269 words (3.6 pages)

Essay about Mobil Commerce

- Mobil Commerce "The greatest wealth in the 21st century will not be made from products or services, but rather by the company that creates the conduit for international m-commerce through the mobile device"                               (Unknown author) As defined by market analysts, mobile commerce is the natural extension of e-commerce that allows consumers to make business via a wireless mode anytime, anywhere and always –on. It uses digital cellular phones, PDAs, pagers, notebooks and even cars can already be online wirelessly, all this developing another channel of the value-added chain....   [tags: Business Mobil Commerce Essays]

Strong Essays
4444 words (12.7 pages)