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E-Commerce: Doing Business on the Internet - page 30 / 47

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The Benefits of EC

Benefits to Organizations

Expands the marketplace to national and international markets

Decreases the cost of creating, processing, distributing, storing and retrieving paper-based information

Allows reduced inventories and overhead by facilitating pull-type supply chain management

The pull-type processing allows for customization of products and services which provides competitive advantage to its implementers

Reduces the time between the outlay of capital and the receipt of products and services

Supports business processes reengineering (BPR) efforts

Lowers telecommunications cost - the Internet is much cheaper than value added networks (VANs)

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