By Christopher Gopal -- Supply Chain Management Review, 6/1/1997
Electronic Commerce (EC) is one of today's hottest business areas. Not only is it being widely discussed, it also is receiving heavy investment as many companies—from startups to massive multinational corporations—get involved in this new way of conducting business.
What is Electronic Commerce? There seem to be as many definitions of EC as there are players in the game. Still, a common definition of Electronic Commerce is necessary to understand its potential impact on supply chain operations. A description that most of the players would agree on is this:
Electronic Commerce is the buying and selling of goods and services (or the enabling of such activity) through electronic networks, including the Internet.
Electronic Commerce is not a single technology, nor can it be accomplished by any one company operating alone. It also is not the replacement of paper-based procedures by the electronic transmission of information.
Electronic Commerce already exists in several forms, but it has not yet fully developed. Many people believe that Electronic Data Interchange (EDI) is Electronic Commerce, but in fact it is but one step in that direction. EDI, efficient though it is, essentially offers a one-to-one (or one-to-a-few) electronic relationship. True Electronic Commerce, on the other hand, will allow simultaneous, many-to-many relationships.
There is no doubt that true Electronic Commerce is coming. A survey of top executives conducted by Ernst & Young LLP indicates that they clearly accept the premise that Electronic Commerce is coming fast. Survey respondents reported that within 10 years, they expect to be generating 40 percent of their sales over the Internet.
It's vital that companies prepare now for that eventuality. Electronic Commerce will create a completely new set of customer-supplier relationships and introduce a whole new dynamic into the supply chain. For some companies, their ability to exploit EC's capabilities may well determine who will win—and who will lose—the battle for customer loyalties.
Friday, September 26, 2008
Sunday, September 23, 2007
LATEST NEWS ON COMPUTERS
Yahoo Acquires News Aggregator BuzzTracker
Submitted Sunday, September 16, 2007 @ 11:02 PM
Yahoo company information - ( Yahoo News )
blog.searchenginewatch.com -- Yahoo has acquired BuzzTracker, a news aggregator combining editorial judgment and algorithms taking into account how many times the story was blogged, and how recently. See the complete story here.
New satellite to sharpen Google Earth
Submitted Sunday, September 16, 2007 @ 11:01 PM
Google company information - ( Google News )
news.yahoo.com -- DigitalGlobe, provider of imagery for Google Inc's (GOOG.O) interactive mapping program Google Earth, said a new high-resolution satellite will boost the accuracy of its satellite images and flesh out its archive. See the complete story here.
Navigation devices set to take mass market route
Submitted Sunday, September 16, 2007 @ 11:00 PM
news.yahoo.com -- Portable navigation devices are poised to take off this holiday shopping season as market leaders Garmin and TomTom race each other to make deeper inroads into the mass market by pushing out cheaper models. See the complete story here.
Wednesday, September 19, 2007
ELECTRONICS GOODS NEWS
HYDERABAD: Cash and electronic goods worth over Rs. 10 lakhs were stolen by thieves from a shop at Nalgonda crossroads early on Sunday.
The incident sent policemen into a tizzy as the burglary was committed bang on the main road and hardly a km away from Chaderghat police station.
Thieves gained entry into PCH-e-Zone electronics shop by lifting its shutter and stole Rs. 3.5 lakhs in cash and electrical goods worth Rs. 6.5 lakhs.
According to shop managing director Balvinder Singh, the theft was noticed by security guard Ram Singh at 7.30 a.m. who alerted him.
After collecting fingerprints from the shop, the police came to a conclusion that a gang headed by Nayeemuddin alias Maruthi Nayeem had committed the offence.
"The theft was committed by Nayeem and his associates who are famous for striking at shops by lifting the shutters with an iron rod," a police official said.
Additional Commissioner of Police (Crimes) Rajiv Trivedi said that Nayeem, a resident of Rein Bazar, was involved in a series of robberies, thefts and vehicle lifting cases in the twin cities. He was elusive after being released on bail a few months ago.
Meanwhile, the Chaderghat police picked up Ram Singh for questioning as he was reportedly not present at the shop after 12.30 a.m. Special teams have been formed to trace Nayeem and his associates. The gang committed a similar offence at Sultan Bazar recently.
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The incident sent policemen into a tizzy as the burglary was committed bang on the main road and hardly a km away from Chaderghat police station.
Thieves gained entry into PCH-e-Zone electronics shop by lifting its shutter and stole Rs. 3.5 lakhs in cash and electrical goods worth Rs. 6.5 lakhs.
According to shop managing director Balvinder Singh, the theft was noticed by security guard Ram Singh at 7.30 a.m. who alerted him.
After collecting fingerprints from the shop, the police came to a conclusion that a gang headed by Nayeemuddin alias Maruthi Nayeem had committed the offence.
"The theft was committed by Nayeem and his associates who are famous for striking at shops by lifting the shutters with an iron rod," a police official said.
Additional Commissioner of Police (Crimes) Rajiv Trivedi said that Nayeem, a resident of Rein Bazar, was involved in a series of robberies, thefts and vehicle lifting cases in the twin cities. He was elusive after being released on bail a few months ago.
Meanwhile, the Chaderghat police picked up Ram Singh for questioning as he was reportedly not present at the shop after 12.30 a.m. Special teams have been formed to trace Nayeem and his associates. The gang committed a similar offence at Sultan Bazar recently.
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Send this article to Friends by E-Mail
Tuesday, September 18, 2007
ELECTRONICS GOODS NEWS
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12/07/2007 | Moscow News,№ 27 2007
Crackdown on ‘Gray Market’ Electronic Goods
> print version
The Russian authorities have decided to fight against the illegal imports of electronic goods with a classic carrot-and-stick approach. On the one hand, they have passed a resolution temporarily scrapping import duties on digital cameras and cellular-phone components; on the other, customs will now record the serial numbers of all laptops and other digital items imported into Russia. As for the vendors of consumer electronics, they have taken the initiative to take measures to ‘cleanse' their market, and have signed a memorandum to that effect.
Zero Import Duties
The Economic Development and Trade Ministry (MERT) has proposed radical measures to combat illegal imports of cellphones. According to Galina Balandina, head of the ministry's foreign trade activities, the ministry has worked out two versions of an amendment to customs legislation with respect to cellphones: (1) to zero the current 5 percent import duty on ready-made cellphones; (2) to reduce import duties on cellphone components from the current 5-20 percent to 0-5 percent. However, the ministry's proposal was opposed by the Industry and Energy Ministry, which asserts that duty abolition will not help the cellphone market to get rid of ‘gray' schemes, and that under the pretext of importing cellphone components, unscrupulous businessmen will bring in other more expensive devices. After hearing the proposals of the two ministries, the Interdepartmental Commission for Protective Measures in Foreign Trade put forward a compromise version: Abolish import duties on cellphone components for nine months, but limit the exemption to chips and storage batteries only, not all components.
Feature
Real Estate
Entertainment Listing
Sports
Culture
Cinema
DVD review
CD review
Theater
Concerts
Restaurants
Archive
Polls
Feedback
Business
© Khrupov
MOST POPULAR ARTICLES
10 Things to Know about Moscow
Texan Claims to Have Found Mythical Beast
Reporter Films China's Own Loch Ness Monster
10 Reasons Why Russia Can’t Trust Uncle Sam
Tongues Wag Over Putin's Pecs
Contact usHistoryAdvertisingVacancy
12/07/2007 | Moscow News,№ 27 2007
Crackdown on ‘Gray Market’ Electronic Goods
> print version
The Russian authorities have decided to fight against the illegal imports of electronic goods with a classic carrot-and-stick approach. On the one hand, they have passed a resolution temporarily scrapping import duties on digital cameras and cellular-phone components; on the other, customs will now record the serial numbers of all laptops and other digital items imported into Russia. As for the vendors of consumer electronics, they have taken the initiative to take measures to ‘cleanse' their market, and have signed a memorandum to that effect.
Zero Import Duties
The Economic Development and Trade Ministry (MERT) has proposed radical measures to combat illegal imports of cellphones. According to Galina Balandina, head of the ministry's foreign trade activities, the ministry has worked out two versions of an amendment to customs legislation with respect to cellphones: (1) to zero the current 5 percent import duty on ready-made cellphones; (2) to reduce import duties on cellphone components from the current 5-20 percent to 0-5 percent. However, the ministry's proposal was opposed by the Industry and Energy Ministry, which asserts that duty abolition will not help the cellphone market to get rid of ‘gray' schemes, and that under the pretext of importing cellphone components, unscrupulous businessmen will bring in other more expensive devices. After hearing the proposals of the two ministries, the Interdepartmental Commission for Protective Measures in Foreign Trade put forward a compromise version: Abolish import duties on cellphone components for nine months, but limit the exemption to chips and storage batteries only, not all components.
Monday, September 17, 2007
SOFTWARE
INDIA DEVELOPING RAPIDLY IN SOFTWARE INDUSTRY, AS THE RESULT INDIAN ECONOMY
DEVELOPED VERY RAPIDLY, IN TAMIL NADU, KARNATAK, SO MANY SOFT WARE INDUSTRY, IS THERE,
DEVELOPED VERY RAPIDLY, IN TAMIL NADU, KARNATAK, SO MANY SOFT WARE INDUSTRY, IS THERE,
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