238SAM Contemporary Supply Chain Management , 253SAM Management of Essay

238SAM Contemporary Supply Chain Management , 253SAM Management of E-Commerce , 251SAM Business Decision Management - Essay Example Lately, everything is build around the concept of internet and most businesses, JLR included, are earning a fortune from the use of the internet. Almost all operations are conducted via the internet among various entities in order to satisfy the objectives of a given entity and ensuring that the desired profit has been earned from the operations. A key ingredient of e-commerce is the concept that involves electronic trading, the advertisement of goods and procurement of raw materials, goods and services over the internet. The success and volume of online marketing has been evidenced on the internet and more and more businesses and other activities have been conducted via the internet. With success in establishing such an environment on the internet, it is evident that every computer has become a window opportunity to all businesses and individuals that are involved in the businesses (Schniederjans & Cao, 2002). An electronic media that is known as internet has the potential to dimini sh transaction times and transforming time incredibly, while in the meantime making qualified data accessible all around and through this, most consumers and producers are able to access information about their various products that they need or are searching for. Internet electronic commerce has been embraced by most business people and consumers as a means of reducing operational costs to an organization and as a high potential of earning revenue from the various operations in an organization. Different departments in an organization are able to use and apply the medium so that efficiency can be achieved. The marketing department for example it is able to advertise the product as in our case, JLR will easily place the product in the market and more consumers are able to access it. It involves the placing of the product specifications and the major changes that have transformed it for consumers to value and make the right choice. To the production and manufacturing department, it e nables provision of the raw materials to produce the new model to be availed and requested for. To the finance and accounting departments, JLR will be able to utilize the systems of revenue accountability and be able to track the production, marketing and delivery costs of the entire products (Aka?li, 2005). The omnipresence of the web and the accessibility of browsers over different platforms provide a common base or platform upon which the system has been able to maximally function, and this has increased the business potential of doing businesses. The platform has reduced incidents of software distribution and software installation, thus improving and encouraging the expansion of the electronic commerce. In order to understand how the company will benefit from the ecommerce, it is vital to be able to explain the importance that it brings as far as the business scenario is concerned. JLR has been in the market for a longer period, and this has been a major boost to its production and marketing departments. It is also important that we clearly understand the cost effectiveness and time saving that it has brought to most of the related businesses (Aka?li, 2005). Electronic commerce can be defined from four major perspectives; communication, as a communication aspect, businesses are able to minimize communication costs and also increase the reliability and durability of the information