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E-Business
"In Europe, Visa reports that 39 percent of the B2B purchases will be from firms providing maintenance, repair, and operational services, such as office supplies, computer equipment, and temporary staffing solutions. Some 12 percent will be travel-related purchases, such as business flights, hotels, and rental cars." Companies that can benefit from E-Business
Buyers, who leverage B2B procurement and reduce their costs
Sellers, who capture more of the customer's total purchases by providing convenient, buyer-centric e-commerce offerings, thus increasing customer retention
Cybermediaries, who bring together previous unknown buyers and sellers
Some of the things E-Business can do
Create more opportunities to sell overseas.
Restructure the supply chain.
Improve inventory management and control.
Provide tighter linkages among companies along the supply chain.
Increase regulatory reporting pressures at all levels of government.
Improve productivity.
Improve communication.
Integrate external data into internal operations.
Automate routine processes, freeing up staff for other tasks.
Decrease time to market for new products and services.
Better and faster information on order status and product tracking.
Increase computer literacy within the workforce.
Make information itself a commodity.
Make more internal data available for decision making.
Better access to a wider variety of useful business and technical information.
Greater access to a wider variety of potential customers.
As an application service provider, inquire how Koves Technologies will help you rapidly and cost-effectively deploy powerful B2B e-commerce solutions.
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