E-commerce

• Overall


  Definition: buying and selling products using the internet

  E-procurement → using the internet to purchase stuff and allows suppliers to use online systems to directly manage a business’ stock and can be done automatically

  Selling products to consumers → using the internet for ordering and logistics e.g. ordering goods from the business’ website and packaging goods based on online orders
• +'s


  Advantages: networks → helps establish networks of suppliers and obtain their inputs at a lower cost, data → making collecting and storing data easier of where their supply levels are, access → provides access to more information, more markets and more flexibility ,which saves time, money and effort in the supply chain