Electronic technologies will continuously and progressively be deployed throughout the entire supply chain of all industries over the next decade. It is expected that e-business will become so commonplace, that the “e” will become redundant and it will be “business as usual”, but conducted through a whole new medium.
Though e-commerce opens a world of businesses to customers and a world of customers to the business, the model clearly shows that e-Business incorporates both this function and the provision of more significant opportunities for interaction, transaction, and profitability in the back office and supply chain systems. Many supply chain systems are, in fact, e-commerce tools, eg procurement, inventory management, CRM and some ERP systems.
Product description: The e-commerce site provides the user with the ability to browse the products and learn about their advantages and characteristics easily. Not only this, but the user can also review the evaluations of any product from customers who have previously purchased it to find out the advantages and disadvantages of this product so as to facilitate the task of deciding the user.
Low cost and large audience segment: The design of e-commerce websites provide the brand with access to a larger segment of users around the world, unlike the traditional method, which relies only on your geographical area, i.e. the limits, in addition to the large cost that was spent in exchange for the few profits.
Fast response and response to users: Ecommerce websites have helped to respond to customer requests, unlike the traditional method that takes time due to its very slow.
Providing business opportunities and reducing costs for companies: The reduction in cost is an important feature of electronic commerce, which allows companies to increase profits while reducing their expenses.
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