Group items tagged

Lou Gerstner, CEO of IBM

While e-business refers to more strategic focus with an emphasis on the functions that occur using electronic capabilities, e-commerce to be a subset of an overall e-business strategy. E-commerce seeks to add revenue streams using the Worldwide Web or the Internet to build and enhance relationships with clients and partners and to improve efficiency using the Empty Vessel strategy. Often, e-commerce involves the application of knowledge management systems.

E-business involves business processes spanning the entire value chain: electronic purchasing and supply chain management, processing orders electronically, handling customer service, and cooperating with business partners.

Web-based ERP (Electronic Resource Planning): Creating and approving purchasing requisitions, placing purchase orders and receiving goods and services by using a software system based on Internet technology.

e-MRO (Maintenance, Repair and Operating): The same as web-based ERP except that the goods and services ordered are non-product related MRO supplies.

e-sourcing: Identifying new suppliers

Maximo Online Commerce System

view supplier catalogs, procure electronically, receive acknowledgements, view Real Time price and stock availability, and check their orders online

Reduce or eliminate order processing -- By reducing or eliminating reliance on phone-, fax-, and paper-based manual processes, you can avoid the costs associated with duplication of effort, order processing errors, expensive phone calls, and returns.