1. Project Management

A significant impact on the company is the manner through which a project is managed. There is the need to apply the processes and framework which support information management. The coming into being of e-business has a great impact on the project management framework and procedures. It is by application of these frameworks that the quality of the information has been great and applied quite easily in the whole organization. The availability of transparent information has been able to offer low level workers the necessary information that is needed to make most decisions with little assistance from other sectors.

With the adoption of e-business, organizations are hence able to effectively and efficiently change an enterprise from an older business design to a competitive and completely operational in the current digital age. The managers work as transformation agents, expecting the need for change and offering guidance to the organization in planning and implementation of all of the factors of the new business. The change may be gradual or fast, encompassing all levels of the organization both internally and externally.

It is through the e-business that organizations are able to impact on the design and IT or organizations. Moreover, e-business has been a factor of consideration on the design of an organization. According to Malone and Rockart, the design and culture are the major ways through which an organization is impacted (Mendonca, 2003). One way is the ubiquity and transparency of the information. The design of an organization is impacted similarly through creation of an alliance which may similarly be used by small enterprises; the outcome is an elevated value-added partnering like the supply chain management systems. Organizations are similarly able to impact on its framework by globalization, this is made possible by telecommunication networks; this is an attribute of an e-business. The companies are able to completely exploit the ability of the e-business. The ease and cheapness of communication over the internet has made it possible for growth to be acquired.

On the other hand there are several challenges that arise, for instance, in the consideration of the design of an organization, globalization is key. However, with all the benefits that it is able to be acquired from globalization, the process of complete exploitation is impacted by a limited space and time constriction. These organizations are supposed to acquire structures which would uphold the global IT framework. In the technological innovations; there are several managerial challenges to the management process, leaders of companies ought now to get better ways to compete.

The framework of e-business is quite complicated and needs extreme levels of consistency and dependability which is applied worldly, for instance, the technical managers adopt themselves to new skills which will be required quite often in implementation. They are supposed to get a good grip on the advancing technology and acquire strategies for combination with the new technologies. Another common negative impact of e-business on project management is the threat of security by hackers, project management decisions and plans made have the ability of being access by unauthorized persons. This may lead to access of very important and delicate information that would sabotage the organizations involved.

2. Supply Chain Management

A comprehensive supply chain management initiative puts to application a number of business procedures and enterprise concept and technology, information systems and communication frameworks so as to acquire a competitive advantage and maintain its strength (Xu, Guo, & Du). The most significant step towards keeping a competitive advantage is to undertake growth in the enterprise as well as collaborative business structure which operates in the communities of the business.

Supply Chain Management is a composition of sub-process that makes it possible for the exchange of information and transaction of products between producers and clients as well as manufacturers and other organizations in the supply chain. In a networked supply chain, every supplier and partner has the ability to have accessibility to important business information and they hence have the ability to make well-versed choices involving the clients. The supply chain has the ability to create a quick inventory decisions in the framework, hence minimizing inventory delivery costs. With the extension of the boundaries of the enterprise, the suppliers are able to access information on the inventory and replace them when required hence limiting the need to carry great inventory.

Through the automation of the supply chain, the calculating precision has the ability of being enhanced. This would lead to an enterprise not producing goods when needed but similarly when they are out of stock leading to an improved client satisfaction. Extreme organizations are very responsive to clients through fast communication of their demands and as well as relaying any alteration in the supply chain. The suppliers are able to satisfy the demands of the clients faster in addition to delivering to them faster; clients acquire their orders on time with extreme consistency and meet the greater control through self-serving- organization, designing, and checking status.

With e-business, the supply chain is able to acquire a flexible design, goods are returned fast if the client expresses displeasure and market demand process, combined with the workflows for product transformation planning, is sorted out quickly so as to correlate the product advancement and create capabilities with chain’s strength to uphold upcoming products. The technology has the ability to offer coverage of the demand and supply changes by which an organization is able to operate better against competition and hence better suppleness of the enterprise. Through proper management of the constraints and reaction buffers so as to acquire an optimum output and demand, the resources of an organization are in line to acquire an optimum profit and eliminate unwanted costs.

On the other hand, e-business has a negative impact in supply chain management. In terms of security matters, the organization has made efforts to begin an integrated electronic chain of supply with one of its key considerations being security. Most information belonging to an organization has fallen into the wrong hands leading to advance effect on the organization’s operations. Several organizations are handling this matter using security steps like encryption, which is meant to guard its information for people involved in the supply chain to access information that is essential to them. There is also the transformation of the business procedures; several transformations take place in the communication of an organization from planning to purchase. For this to take place, the enterprise has to be willing to correlate with the suppliers and clients over the internet. There is similarly a weak existence of the chain links. Smaller companies are forced to join the chain links; they are hence not liable to make any decision concerning automation, as well the advantages acquired are not theirs but the partners. The chain is a link of several companies and with the failure of one, the others fail too. A chain is as strong as its weakest point.

3. Retailing

E-business has a significant impact on the retailing industry in many ways. E-business has brought about new activities and attributes which clients and businesses are able to get involved in. People are now able to purchase goods and services on the internet, for instance JCPenny’s; clients are able to buy things at any time and place, they have no reliance on the stores opening or closing (smqlo, Sep 17, 2007). Another benefit is its ability to acquire huge chunks of information that they would not have acquired if e-business had not been there. This makes it possible for the client to be well informed. The clients will hence be able to know what they are looking for hence spend limited time in purchasing the products. Advantage is similarly acquired in the growth of e-business which makes it possible for the clients to make necessary comparison before purchasing any product; the clients have the ability to compare the prices from wherever they are. There are many websites that are designed for this purpose, for instance, Price watch; here companies are supposed to register their products as well as their websites so as show their prices, this is similar to the Priceline in traveling. There is the coming into being of e-business with a customized home page; here when the client enters the site, they are able to access what they want through loading the page. This allows the client to have a feeling of a relationship with the retailer and issues the client most of the information they want first. There is similarly an improvement of skills and investment, the Small and Middle sized Companies have elevated in the past with almost half of the retailers connected by broadband, the level of skills, investments and budgets for the companies have grown. The internal operations of this business have significantly developed the workflows and business procedures and hence developed the productivity.

On the negative side, the retailing industry lags behind the big companies in terms of e-business, this is based on the internet access, and for instance, the EU retailers lag behind the ones in US. The variation is big like placing advertisements on the websites of the companies. Another disadvantage is the unproven business model. The electronic business has not provided good venue for profits this was the major reason for the drop of the e-commerce sectors. Current transformations have been noticed but there is no proper guarantee of regular profit.

There is variation of storage and logistics from the traditional businesses. The retail sectors have to reshape and combine several processes so as to incorporate the business. The sections of departments and management levels may create hindrances when processing the orders and delivery; the business may need goods to be available at the warehouse for inspection to be done before delivery. The corporations that sell through the internet are liable for conflicting interests at varied places. In the electronic business orders, the goods stretch to the client and hence the suppliers and retailers feel threatened of this connection. In most of the time, the retailers are bound to limit their prices over the internet. The sale of the store may decline as the retailers desire to sell their prices over the internet due to decline of the prices. Another common problem is security. Even with the several security measures taking place, there are several hackings that take place. People are not willing to give information about their credit cards and bio data over the internet as it is susceptible to be misused.

4. Entertainment

Considering that entertainment industry has the knowledge of how important it is to the client, varied measures have been put in place to make it possible and easy for them to access. Through the acquisition of the essential information of how to acquire the entertainment sets, the clients are able to acquire accurate forecasting, better decision making and bigger operational efficiencies that makes it possible for the client to make a well informed decision. In better decision making, the clients will be in a good position to know of the best prices before purchasing any entertainment set. This would consequently save time and money on the client’s preferences considering that the client will also be able to know of new entertainment; movies, music amongst other sets (Microstrategy, 2012). Considering the operational efficiencies, the client is able to acquire significant information of what is involved prior to purchasing the product. This will make it possible for the client to gain trust and satisfaction. The entertainment industry in the present time has grown and spread to several places all due to the internet. The use of the video tape has brought about a new source of revenue; selling and renting films and television programs.

On the other hand, the entertainment industry has grown considerably due to the influence that e-business has had on it; this impact has however not been for the best impact to the business as well as the clients. The entertainment has been dogged with offering too much information that has been affecting the youth negatively. The youth have been acquiring bad traits as a result of what they acquire from the internet. On the part of the artists, there have been several cases of illegal acquisition and selling of entertainment sets without the consent of the concerned party. This has led to drop in revenue for the players in this industry.

5. Manufacturing

Manufacturers have the ability to impact on the market in diverse ways. The internet has become a necessary competitive advantage, e-business is more than just buying and selling things on the internet, it involves provision of better services and issuing convenience to the clients and distributors (Shop, 2012). E-business has been applied to communicate both internally and externally. Its use in the manufacturing sector has made it possible for the provision of a common form of standards in manufacturing. This as a consequence has made it possible to produce high quality goods and services for the clients which have resulted into client satisfaction. It has similarly led to increased forms of market disciplines in the business frameworks. There is also an improved form of logistics, payment and financial environment. The technology of e-business has been an integral part of the manufacturing industry; it has been able to manage order entry, special quotes, inventory reporting and distribution of information. It additionally is a flexible method which makes it possible to add more features to it.

On the other hand, there are varied challenges affecting the manufacturing sector and e-business. There is an increasing need to issue the distributors an easy access to an updated inventory, product and production data and taking into consideration the prevailing market competition, there is also a need for the company to acquire an extremely high level of efficiency for fulfilling its operations. For this to take place it would require intensive skills and commitment to acquire an organization that is better than the competitor. Another major challenge is the lack of willingness by some manufacturing companies to adapt to the e-business technology as it is set to keep some of the various levels in the industry out of business taking to fact that most of the things are being done on the internet. The aspect of security is still an aspect that continues to hurt the manufacturing industry with competing industries having access to another company’s sensitive information this has led to the unfair rise in performance and revenue of some business companies.

References

Mendonca, J. (2003). Change and Challenge: The Impact of E-Business from an Organizational Management Perspective. Information Technology and Organizations.

Microstrategy. (2012). Fox Filmed Entertainment Uses MicroStrategy’s Intelligent E-Business Platform to More Effectively Market and Distribute Hit Movies around the World.

Shop, M. M. (2012). Manufacturer Embraces e-Business Technology. Gardner Publications.

Smqlo. (Sep 17, 2007). The Impact of E-Business on the Retail Market. Yahoo! Voices.

Xu, Y., Guo, Q., & Du, H. (n.d.). E-BUSINESS IMPACT ON SUPPLY CHAIN MANAGEMENT. College of Business and Economics.

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