Rising Above_ Dubai Floods and the Fortitude of Dubai International Airport.pdf
E Commerce
1. E - Commerce E-Commerce is an integration of communication, data management and security capabilities that allows organizations to exchange information about sale of goods and services.
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4. Electronic Commerce Electronic Document Interchange Electronic Publishing Electronic Messaging Corporate Digital Library Electronic Fund Transfer(EFT) Marketing, Advertising Electronic Data Interchange (EDI) Sales, Customer Support E- Mail, Video Conferencing Fax, Mobile Services Information Sharing Collaborative Work E – Commerce Major Spread Areas
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9. B2B / B2C Inter corporate sales Corporate to customer sales More investigative Less investigative Lesser Media attention Greater media attention Sites more informative & Sites to attract traffic, convert to buyers Technical Direct or Shared channel Shared channel 90% of E-commerce revenue 10% of total E-commerce revenue Requires negotiations Requires discounts, attractive offers
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22. EDI (Electronic Data Interchange) Computer to computer exchange of standardized information. ANSI (American National Standard Institute) EDI is the transmission in the standard syntax of unambiguous information of business or strategic significance between computers of independent organizations.
23. Examples of EDI Customer Vendor PO generated by purchasing system Sales order entry system
24. Examples of EDI Customer Vendor Invoice generated by billing system Accounts payable system
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27. Benefits of EDI • Buyer benefits: 1. Lower inventory level 2. Quick Order Acknowledgement 3. Efficient invoice progressing 4.Productivity enhancing tool • Supplier Benefits 1. Elimination of problems and delays caused by order entry errors 2. Personal reduction 3. Inventory reduction 4. Improved Cash flow 5. Improved Customer Service 6. Improved Sales tracking Cost Savings.
28. VAN (Value Added Network) VAN ’s “Electronic Mailbox” used to deposit EDI transactions & retrieve messages when convenient.
29. VAN Trading Company Transport Company Financial Institution Manufacturing Company Translate incoming document Route to Mailbox ID Releases data at user’s request
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31. FEDI (Financial Electronic Data Interchange) Electronic transfer of payments between a payer, a payee & their respective banks. EFT (Electronic Fund Transfer) ACH ( Automated Clearing House)
32. EFT Instantaneous payment using online transactions Payers Bank Payees Bank Funds Transfer
33. ACH Payers Bank Payees Bank X Y VAN Clearing House Remittance Information Remittance Information Payment Authorization Payment Settlement Notice Transfer of Funds
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