E-procurement

6:54 PM Posted In Edit This 2 Comments »
What is eProcurement?

Purchasing and IT organizations are continuously looking to improve the purchasing practices and systems they use to improve the efficiencies and minimize the spend. The recent economic downturn has helped organizations to be more cost-conscious. The software industry has responded to this business need by producing software systems along the lines of industry best practices of purchasing. They come in different forms (providing various functionalities of purchasing) and names such as eProcurement, Supply Chain Management, Supplier Relationship Management Systems, Strategic Sourcing, Spend Management Systems etc.
E-procurement procedure
(click for bigger picture)

These systems provide buying organizations with:

  • Easy to use tools to buy, transact and communicate with trading partners over the internet
  • An integrated system of strategic sourcing and supplier relationship management
  • Ability to integrate with the back end enterprise systems or home grown applications
  • Ease and speed of getting suppliers on board
  • Cost-effective administration and maintenance of an eProcurement system
E-procurement life cycle
(click for bigger picture)

Benefits of eProcurement

In the process efficiently managing their spend, buying organizations are adopting eProcurement and related business processes and technologies. By doing so, they are seeing the following benefits:

  • Procurement Process Efficiencies
  • Shorten Order cycles: Streamline and standardize procurement processes while enforcing corporate policies
  • Lower administrative costs: Reduce procurement transaction costs and order cycle times through automation of manual processes
  • Realize volume benefits
  • Reduce maverick spending
  • Reduce inventory costs: Eliminates the need to stockpile supplies to cover the inefficiencies of a manual process
  • Improve strategic sourcing: Captures spend data and enables purchasing department to focus more on strategic tasks than on merely handling transaction processes
  • Reduce order errors and RTVs: Using pre-sourced, pre-approved supplier catalogs and utilizing direct electronic communication to dispatch the orders reduces end-user errors
  • Rationalize and manage supplier relationships
  • More spend visibility across the organization
Sumber :
http://solomonsinternational.com/resources.html

Retail E-Commerce

8:37 PM Posted In , , Edit This 0 Comments »

Not only are online shoppers spending more online, they are buying more different types of goods. Consumers are now buying big-ticket items on the Internet like refrigerators and treadmills, and even luxury goods such as designer apparel and jewelry. This opens new possibilities for creative Web retailers.
The US Retail E-Commerce report looks at how online sales are becoming an ever more significant of the country's retail sector.

eMarketer estimates that retail e-commerce sales will increase an average 18.6% per year between 2005 and 2009 — that's strong growth, but still a downturn from the 26% annual rate seen between 2001 and 2005. It is not a cause for concern, however, but a sign of a maturing e-commerce marketplace. Still, exciting developments are taking place on the market's edge, where small Web retailers are emerging to meet the needs of shoppers with special needs and interests.

E commerce 2.0
A few years ago, Tim O’Reilly introduced the concept of Web 2.0 to make sense out of what was next for software solutions. Web 2.0 explains how the realities of tomorrow will change how software solutions are designed, created, and used.

By examining and extrapolating Web 2.0 principles, I began to see that they had important implications for online retailing. This is ultimately where the concept of eCommerce 2.0, and the Six Principles of eCommerce 2.0, comes from.

Understanding the new possibilities for software—and what principles are applied in creating it—is the foundation for understanding the future of eCommerce. It is also the foundation for taking advantage of eCommerce 2.0 principles and the new trends they drive. The Six Principles of eCommerce 2.0 Just as Web 2.0 is altering the software development landscape, the principles of eCommerce 2.0 will define how eTailers do business online.

Sumber :
http://www.emarketer.com/Report.aspx?code=ecom_us_jun06
http://en.wikipedia.org/wiki/Ecommerce_2.0
Newer Posts
Older Posts