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Copyright © 2007 Markitquest, Lda.
   
 
 

E-Business

 
 
   
 

The importance of the World Wide Web and the Internet cannot be overestimated. It is a reliable, cost-effective means of communicating with your company’s stakeholders: customers, shareholders, employees, suppliers and even government authorities. It provides another sales outlet for your products and an alternative means of purchasing supplies.

As more companies connect their supply chains over the Internet, they will enjoy increasing efficiencies as their transaction costs drop and inventory control improves.

The Internet will also create challenges as companies adapt to new ways of doing business. Price transparency will put additional pressure on margins as online bidding and auctions increase competition.

 

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The software industry will face its own set of challenges. Renting software over the internet from Application Service Providers (ASPs) is becoming increasingly popular. Taking the concept a step further, companies have started delivering software applications over the Internet like a utility.

xService Providers (xSPs), as they are being called, may eventually manage all aspects of your data, integrating it with other companies in the supply chain. A purchase order issued by one company will automatically generate a sales invoice from another. Companies will be able to focus on business rather than the back-office.

Most vendors of standard packages have released or are releasing internet enabled versions of their software. We can help you select, implement and customise your e-business applications.