Saturday, March 26, 2011

E-commerce and E-business

The field of e-commerce and e-business has been constantly increasing and gaining new ground since 1996, when the two words were 'coined' by the press. A lot has happened since, and today, large e-commerce sites such Amazon.com and eBay are doing many billions of dollars in sales every year, 24 hours a day. That's on top of the many tens, probably hundreds of billions of sales conducted on B2B exchanges and portals. In this segment of Business 5.0 you will learn a lot more about what makes electronic commerce thrive and how to 'keep your wheels turning fast' in this complex industry.
Amazon has always been a company to watch closely, due to its pioneering success in the tough field of ecommerce, and the way it is progressing in Web services and application development. But now, the company is transforming itself from an online store to a high-tech firm, and is making big waves in the high-technology community. At its nine massive distribution centers from Fernley, Nev., to Bar Hersfeld, Germany, workers scurry around the clock to fill up to 1.7 million orders a day -- picking and packing merchandise, routing it onto conveyors, and shipping the boxes to every corner of the world. Like any retail warehouse running manpower and machinery at full holiday throttle, it's an impressive display. But utterly misleading. The kind of work that will truly determine Amazon's fate is happening in places like the tiny, darkened meeting room at its Seattle headquarters where, one recent afternoon, five intent faces gazed at a projection screen. Jeffrey A. Wilke, a compact, intense senior vice-president who runs Amazon's worldwide operations and customer service, and an engineering team were trying out a "beta" or test version of new software they wrote. When the buying automation program is ready for prime time in mid-2004, Amazon's merchandise buyers will be able to chuck reams of spreadsheets for graphics-rich applications that crunch data for them, so they can more quickly and accurately forecast product demand, find the best suppliers, and more.

1 comment:

  1. Every web development companies should have a good development team with dedication for create the best ecommerce websites and should try to great services to consumers in the field of attractive websites.
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