E-COMMERCE

Running Head: E-COMMERCE

Table of Content

  1. Project Management 2
  2. Supply Chain Management 3
  3. Retailing. 4
  4. Entertainment 5
  5. Manufacturing. 5

Bibliography. 7

E-Commerce

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 uphold information management. The coming into being the e-business does impact the project management framework and procedures. It is buy application of the networks that the quality of the information has been high and led to fast motion 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 the much needed decisions with little assistance from other sectors. Thus the several sections that had to be involved in the process of making decisions are not there.

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 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, IT and more so the e-business has been a factor of consideration on the design of an organization (Mendonca, 2003). According to Malone and Rockart, the design and culture are the major ways through which an organization is impacted. 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 the framework of the organization is 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 a key consideration. However, with all the benefits that it is able to acquire from globalization, the process of complete exploitation is impacted by a limited space and time constriction. They are supposed to acquire structures which uphold the global IT framework. In the technological innovations; there are several managerial challenges to the management process. The leaders of the company ought now to get a better ways to compete. The frame work of e-business is quite complicated and needs extreme levels of consistency and dependability and is applied worldly. For instance, the technical managers adopt themselves to new skills which will be required very soon in implementation. They are supposed to get a good grip on the advancing technology and acquire strategies for combination into 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 to 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 a staying strength. The most significant towards keeping a competitive advantage is to grow towards an inter-enterprise as well as collaborative business structure which operates in the communities of 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 to attend to the clients (Xu, Guo, & Du). The supply chain has the ability to create a quick inventory turns 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 hence an improved client satisfaction. Extreme organizations are very responsive to clients through fast communication of the demands of the client and any alteration in the supply chain. The suppliers are able to satisfy the demand faster and may deliver to the clients. The clients acquire their orders on time with extreme consistency and meet the greater control through self-serving- organization, designing, checking status.

With e-business the supply chain is able to acquire a flexible design and return goods fast in reaction to client and market demand process combined workflows for product transformation planning 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 has the ability to operate better against competition and hence better suppleness of the enterprise. Through proper management of the constraints and reaction buffers to acquire an optimum output and demand, the resources of an organization are in line to acquire optimum profit and remove unwanted costs.

On the other hand, the e-business has negative impact of the 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 of the information of an organization has fallen into the wrong hands leading to advance effect on the organization’s operations. Several organizations are handling this matter with the application of security steps like encryption to guard its information so that the people involved in the supply chain are able to access information that is necessary to them. Another impact is the transformation of the business procedures. There are several transformations in the communication of an organization from planning to purchase. 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 to the partners. The chain is a link of several companies and with the failure of one, the others fail too. It 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 those clients and businesses are able to get involved in. people are now able to purchase goods and services on the internet form instance JCPenny’s. The clients are able to buy things at any time and place they have no reliance on the stores opening or closing. Another ability that is made available is the ability acquires huge amounts of information that they would not have acquired it e-business had not been there (smqlo, Sep 17, 2007). This makes it possible for the client to be well informed person to a well versed one. The clients will hence be able to know what they are looking for hence spend limited time in purchasing the products. Another benefit is the growth of e-business is the ability for the clients to make comparison. The clients have the ability to compare the prices from wherever they are. There are many websites that are designed 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.

Another advantage of coming into being of the e-business is the customized home page. When the clients enter the site, the client’s preferences 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 has elevated in the past. With almost half of the retailers connected by broadband, the level of skills and investment has grown. 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. For instance, the EU retailers lag behind the ones in US. The variation is big like for instance placing advertisements on the websites of the companies. Another disadvantage is the unproven business model. The electronic business have not provided good venue for profits. This was the major reason the drop for the e-commerce sectors. Currently transformation has been noticed but there is no proper guarantee of regular profit.

There is similarly variation of storage and logistics from the traditional businesses. The retail sectors have to hence reshape and combine several processes to incorporate the business. The sections of departments and management levels may create hindrances when processing the orders and delivery, for instance the business may need goods to be available at the warehouse and 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 to their presence. In a lot of the time, the retailers are bound to limit their prices in the internet. The sale of the store may result to a decline as the retailers may desire to sell their prices over the internet due to a decline of the prices. Another common problem is security. Even though there is several security measure put in 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 have the knowledge of how necessary it is to the client varied measure have been put in place to make it possible and easy for them to access. Through the acquisition of the necessary information of how to acquire the entertainment sets, the clients are hence 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 are able to know of the best prices before purchasing of 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 the new entertainment movies, music amongst other sets (Microstrategy, 2012). Considering the operational efficiencies, the client is able to make acquire necessary information of what is involved upfront before purchasing the product. This will make it possible for the client to gain and 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 necessary party. This has led to the drop in revenue for the players in this industry.

5.     Manufacturing

Manufacturers have the ability to impact on the market in many diverse ways. The internet has become a necessary competitive advantage, e-business was more than just buying and selling things on the internet, it involved provision of better services and issuing convenience to the clients and distributors. The e-business has been applied to communicate both internally and externally. The e-business in the manufacturing sector has made it possible for the provision of a common form of standards in manufacturing (Shop, 2012). This as a consequence has made it possible to produce high quality goods and services for the clients which have resulted into good client satisfaction. This has similarly led to increased forms of market disciplines in the varied business framework. There is similarly 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 is similarly a flexible method, making it possible to add more features to it.

On the other hand, there are varied challenges concerning manufacturing and the e-business. There is an increasing need to issue the distributors an easy access to an updated inventory, product and production data. With the prevailing market competition, there is need for the company to acquire an extremely high level of efficiency from the fulfilling the process. This would require intensive skills and commitment to acquire an organization that is better than the competitor. Another major challenge is the lack of willingness to some manufacturing companies to adapt to the e-business mode as it is set to keep some of the various levels in the industry out of business considering 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 consequently led to the unfair rise in performance and hence revenue of some business companies.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Bibliography

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.

 

Latest Assignments