- UNIT-I
Introduction to E-CommerceThe Scope of Electronic Commerce Definition of Electronic Commerce,Electronic E-commerce and the Trade CycleElectronic Markets, Electronic Data InterchangeInternet Commerce, E-Commerce in PerspectiveBusiness Strategy in an Electronic Age: Supply ChainsPorter’s Value Chain Model, Inter-Organizational Value ChainsCompetitive Strategy, Porter’s ModelFirst Mover Advantage Sustainable Competitive AdvantageCompetitive Advantage using E-CommerceBusiness Strategy, Introduction to Business StrategyStrategic Implications of IT, TechnologyBusiness Environment, Business CapabilityExiting Business Strategy, Strategy Formulation & Implementation PlanningE-Commerce ImplementationE-Commerce EvaluationBusiness-to-Business Electronic CommerceCharacteristics of B2B ECModels of B2B EcProcurement Management Using the Buyer’s Internal MarketplaceJust in Time Delivery B2B ModelsAuctions and Services from Traditional to Internet-Based EDIIntegration with Back-end Information SystemThe Role of Software Agents for B2B ECElectronic marketing in B2BSolutions of B2B ECManagerial IssuesElectronic Data Interchange (EDI)EDI: The Nuts and BoltsEDI & BusinessInternet and ExtranetThe Largest Extranet,Architecture of the Internet
Intranet and Extranet Intranet software ,Applications of IntranetsIntranet Application Case StudiesConsiderations in Intranet DeploymentThe Extranets, The structures of ExtranetsExtranet products & services
Applications of Extranets,Business Models of Extranet Applications, Managerial IssuesElectronic Payment Systems,Is SET a failureElectronic Payments & Protocols
Security Schemes in Electronic payment systems, Electronic Credit card system on the InternetElectronic Fund Transfer and Debit cards on the InternetStored – value Cards and E-Cash,Electronic Check SystemsProspect of Electronic Payment Systems,Managerial Issues
Just in Time Delivery
The just-in-time (JIT) inventory system is a management strategy that aligns raw-material orders from suppliers directly with production schedules. Companies employ this inventory strategy to increase efficiency and decrease waste by receiving goods only as they need them for the production process, which reduces inventory costs. This method requires producers to forecast demand accurately.
The JIT inventory system contrasts with just-in-case strategies, wherein producers hold sufficient inventories to have enough product to absorb maximum market demand.
The just-in-time (JIT) inventory system is a management strategy that aligns raw-material orders from suppliers directly with production schedules. Companies employ this inventory strategy to increase efficiency and decrease waste by receiving goods only as they need them for the production process, which reduces inventory costs. This method requires producers to forecast demand accurately.
The JIT inventory system contrasts with just-in-case strategies, wherein producers hold sufficient inventories to have enough product to absorb maximum market demand.
KEY TAKEAWAYS
Without a moment to spare (JIT) stock framework is an administration system that limits stock and builds productivity.
In the nick of time (JIT) fabricating is otherwise called the Toyota Production System (TPS) in light of the fact that the vehicle maker Toyota received the framework during the 1970s.
Kanban is a planning framework regularly utilized related to JIT to maintain a strategic distance from the overcapacity of work in process.
The achievement of the JIT creation process depends on consistent creation, excellent workmanship, no machine breakdowns, and solid providers.
Without a moment to spare (JIT) stock framework is an administration system that limits stock and builds productivity.
In the nick of time (JIT) fabricating is otherwise called the Toyota Production System (TPS) in light of the fact that the vehicle maker Toyota received the framework during the 1970s.
Kanban is a planning framework regularly utilized related to JIT to maintain a strategic distance from the overcapacity of work in process.
The achievement of the JIT creation process depends on consistent creation, excellent workmanship, no machine breakdowns, and solid providers.
B2B Models
B2B business model sells its products to an intermediate buyer who then sells the products to the final customer. As an example, a wholesaler places an order from a company's website and after receiving the consignment, it sells the endproduct to the final customer who comes to buy the product at the wholesaler's retail outlet.
B2B business model sells its products to an intermediate buyer who then sells the products to the final customer. As an example, a wholesaler places an order from a company's website and after receiving the consignment, it sells the endproduct to the final customer who comes to buy the product at the wholesaler's retail outlet.
Types of B2B Models
With B2B being a large and complex model, it can be classified into popular and mainstream types –
Product-based B2B Model
The product-based B2B model is a type of B2B model where the business sells physical products to other businesses. This business may act as a supplier and sell your customized products to various other businesses. Know that the business is servicing other enterprises and companies; not consumers or individuals.
An example of a product-based B2B company would be one that sells security hardware to businesses and institutions. Kisi is a great example of a B2B company providing other businesses with security hardware.
Also, product-based B2B companies can have a physical or online presence or both and it also helps to mention that the products are generally physical (in nature), hence requires a much higher initial investment and overhead costs compared to other B2B types.
Service-based B2B Model
A company with a service-based B2B model functions exactly as the name suggests – it helps provide other businesses with services of its own.
A few examples of Service-based B2B businesses would be –
- Providing consultancy services
- Marketing Agencies
- Call management services
- Employee Training Services
- Providing translation services
Risk is a great example of a service-based B2B company. It provides marketing consultancy services to other businesses to improve their marketing reach and strategies.
Service-based B2B companies are many and large since it is much simpler to scale up accordingly. Also, service-based B2B companies are easier to set up and run compared to product-based B2B businesses. While these service-based B2B companies could have an online or physical presence or both, it depends on the service that the company provides.
Software-based B2B Model
Software-based B2B companies can come under either “product” or “service” based B2B model. While the latter deals in providing services from other people, the former provides software solutions to them. This warrants a separate model for software since there are a lot of products and services provided as software-based tools to other businesses.
The software-based B2B model can be split primarily into –
- “Product-focussed” software-based B2B model
- “Service-focussed” software-based B2B model (SAAS model)
“Product-focussed” software-based B2B model
Xero and Freshbooks are great examples of “product-focussed” software-based B2B companies in which they provide accounting and invoicing software to businesses respectively.
“Service-focussed” software-based B2B model (SAAS model)
Salesforce is a great example of a “service-focussed” software-based B2B company. Salesforce provides Customer Relationship Management (CRM) and cloud services to other enterprises and companies.
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