e-Business

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E-Business E-business is the largest emerging trend in business today. The movement into e-business is dramatically changing the way people buy and sell. Business is no longer a one for all concept, that concept is being replaced by a consumer economy that is driven by choice. These choices are not only in product and price but in shopping environment as well, where their transactions can take place face to face or in an online environment. Not only are traditional businesses completing their transactions with other businesses in such an online format, but such transactions are taking place between businesses and consumers as well as consumers to consumers. The following paper outlines some of the differences and similarities of each of these e-business models. Business to Business E-Business There are many companies that offer e-business solutions, but I will be using Intel for an example. Intel is a leader in this field when it comes to the solutions they offer their clients. By utilizing a product based web experience for their business customers they have tailored their organization to effectively manage their supply chain as well as customer relations (David and Malone p. 103). Intel realizes that e-business is not only about selling products over the Internet but the involvement of managing the supply chain and customer service is also crucial. Tremendous value is added to the process of getting raw materials and also of supplying goods to retailers and distributors in a manor that is desired is required (David and Malone p. 106). The main use of business to business e-commerce is the simplification of all business communications. Intel is able to link with all business customers via the Web, which gives them instant access to each other. Their business based site allows things such as their inventories to be linked. Thus, an entire stage of business, product ordering, is eliminated. Intel is a leader in e-business supply chain management. One product they have is called TransConnect, which is an end-to-end shipping and fulfillment solution. Corporations can combine a product like TransConnect with custom-made solutions from Intel Supply Chain Consulting and experience new levels of efficiencies and customer service. This allows Intel to be more responsive and productive when meeting the needs of their customers (David and Malone p. 106-107). Bus... ... middle of paper ... ...ors are using the Internet in many different ways. However, the Internet is just like other information technologies, change management, good implementation practices and clear business objectives are required. At its most developed level, e-business aims to reduce costs and improve efficiencies by integrating business systems and eliminating duplication of effort. The main benefit for all types of e-business, business to business, business to consumer or consumer to consumer, is that the business can be run in a more efficient manor, achieving more with fewer resources and for less cost while benefit your customer. Business is no longer a one for all concept, that concept is being replaced by a consumer economy that is driven by choice. References David, W. and Malone M. “Virtual Corporations.” Forbes, 7 December 1992, p. 102-107. Menagh, Melanie. “Virtues and vices of the virtual corporation” Computerworld, 13 November 1995, p. 134. “Definition of Online Retailing”; January 10, 1997. http://www.cybersolve.com/retail.html Keen, Peter G. W. “Secret to E-Commerce”, June 14, 1999; Computer World. http://www.computerworld.com/home/print.nsf/all/990614AD62

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