E - Commerce Activities The e Commerce Activities Some Common Applications Related To Electronic Commerce Are
This document discusses various e-commerce activities including conversational commerce, digital wallets, electronic tickets, and enterprise content management. It provides examples of electronic data interchange and how it allows companies to send electronic documents to each other using standardized formats. The document also compares the traditional paper-based process for purchase orders to the more efficient electronic data interchange process, which can create and transmit a purchase order automatically and nearly instantly.
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E - Commerce Activities The e Commerce Activities Some Common Applications Related To Electronic Commerce Are
This document discusses various e-commerce activities including conversational commerce, digital wallets, electronic tickets, and enterprise content management. It provides examples of electronic data interchange and how it allows companies to send electronic documents to each other using standardized formats. The document also compares the traditional paper-based process for purchase orders to the more efficient electronic data interchange process, which can create and transmit a purchase order automatically and nearly instantly.
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Unit – II : E – Commerce Activities : Various Activities of E – Commerce,
Various Modes of operation Associated with E – Commerce, Matrix of E –
Commerce Types, Elements and Resources Impacting E – Commerce and Changes, Type of E – Commerce Providers and Vendors, Man Power Associated with E – Commerce Activities, Opportunity Development for E- Commerce Stages, Development of E – Commerce Business Case, Components and Factors for the Development of the Business Case, Steps to Design and Design and Develop and E – Commerce Website.
E – Commerce Activities
The e commerce activities
Some common applications related to electronic commerce are:
Conversational commerce: e-commerce via chat.
Digital Wallet. Document automation in supply chain and logistics. Electronic tickets. Enterprise content management. Group buying. Instant messaging. Newsgroups. Electronic data interchange (EDI). This is popular among big companies where various electronic documents are sent through a private network. EDI has usually done through a virtual private network uses standard data format that companies follow to communicate with each other. A software is utilized that translates EDI document to user- friendly formats.
Fax, telegram, telex or telecopy. Documents sent through these
mediums are treated the same as original. However, in the case of fax where the ink fades away from the paper in overtime, it is best to use those that save in electronic file format as well for future reference. This is important if you are receiving orders through fax and may need to use them as reference in the months and years to come.
E-mail. A business transaction agreed upon via e-mail can be treated as
e-commerce. Contracts and certifications now can be sent via email. Parties can express consent by saying so in the reply e-mail attaching the contract being agreed upon. Internet Web/HTML/XML. Users transact through a browser interface or website.
Electronic Data Interchange (EDI)?
Electronic Data Interchange (EDI) is the electronic interchange of business information using a standardized format; a process which allows one company to send information to another company electronically rather than with paper. Business entities conducting business electronically are called trading partners. Many business documents can be exchanged using EDI, but the two most common are purchase orders and invoices. At a minimum, EDI replaces the mail preparation and handling associated with traditional business communication. However, the real power of EDI is that it standardizes the information communicated in business documents, which makes possible a "paperless" exchange. The traditional invoice illustrates what this can mean. Most companies create invoices using a computer system, print a paper copy of the invoice and mail it to the customer. Upon receipt, the customer frequently marks up the invoice and enters it into its own computer system. The entire process is nothing more than the transfer of information from the seller's computer to the customer's computer. EDI makes it possible to minimize or even eliminate the manual steps involved in this transfer. The process improvements that EDI offers are significant and can be dramatic. For example, consider the difference between the traditional paper purchase order and its electronic counterpart: A Traditional Document Exchange An EDI Document Exchange of of a Purchase Order a Purchase Order This process normally takes between This process normally occurs three and five days. overnight and can take less than an hour. Buyer makes a buying decision, Buyer makes a buying creates the purchase order and prints decision, creates the purchase order it. but does not print it. Buyer mails the purchase order to EDI software creates an the supplier. electronic version of the purchase Supplier receives the purchase order and transmits it automatically order and enters it into the order entry to the supplier. system. Supplier's order entry system Buyer calls supplier to determine if receives the purchase order and purchase order has been received, or updates the system immediately on supplier mails buyer an receipt. acknowledgment of the order. Supplier's order entry system creates an acknowledgment an transmits it back to confirm receipt.