Friday, March 9, 2007

Benefits of eCommerce

By implementing E-Commerce the company can gain allot of benefits from it below are some of the benefits that they can gain from implementing E-Commerce:

  • Reduce Production Cost
    All paper-based will be replace by electronic system where it will reduce their cost during production.
  • Better Information System
    By converting the processes electronically it will speed up the transaction as data can be sent out as soon as they are ready.
  • Better Management System within organization
    Using a central database system the organization can easily organize the data that is collected from different department in one place rather then having to ask for the data every time the data is needed.
  • Better Management System across different organizations
    Data exchanges between suppliers and other organization would be more hassle free.
  • Better Business Strategy
    E-Commerce can help the company to reach out for more customers when compared to their physical stores.
  • Globalization
    E-Commerce is needed for the company to go for globalization.

Reference:

http://wiki.media-culture.org.au/index.php/E-commerce_-_Overview_-_E-Commerce_Benefits